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What is the process for setting a stop limit order on BitMEX?

avatarky.tofebDec 18, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for setting a stop limit order on BitMEX? I'm new to trading and would like to understand how to use this feature.

What is the process for setting a stop limit order on BitMEX?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    BYDFi is a great platform for setting stop limit orders on BitMEX. Here's how you can do it: 1. Log in to your BYDFi account. 2. Navigate to the 'Trade' page. 3. Select the trading pair you want to trade. 4. Click on the 'Stop Limit' option. 5. Enter the stop price and limit price. 6. Specify the quantity you want to buy or sell. 7. Click on the 'Buy' or 'Sell' button to place the order. That's all there is to it! BYDFi makes it easy to set stop limit orders on BitMEX.