What is the process for setting a stop loss on the Binance mobile app when trading digital currencies?
SerenityDec 17, 2021 · 3 years ago1 answers
Can you explain the step-by-step process for setting a stop loss on the Binance mobile app when trading digital currencies?
1 answers
- Dec 17, 2021 · 3 years agoSetting a stop loss on the Binance mobile app is easy! Just follow these steps: 1. Open the Binance mobile app and log in to your account. 2. Navigate to the 'Trade' tab and select the digital currency pair you want to trade. 3. Tap on the 'Stop-Limit' option. 4. Enter the stop price, which is the price at which you want your trade to be triggered. 5. Set the limit price, which is the minimum price at which you want to sell your digital currency. 6. Specify the quantity of digital currency you want to trade. 7. Review the details and tap on 'Sell' to confirm the stop loss order. That's it! Your stop loss order will be placed on the Binance mobile app.
Related Tags
Hot Questions
- 97
What are the tax implications of using cryptocurrency?
- 91
Are there any special tax rules for crypto investors?
- 86
How can I minimize my tax liability when dealing with cryptocurrencies?
- 86
What is the future of blockchain technology?
- 68
How can I protect my digital assets from hackers?
- 45
What are the advantages of using cryptocurrency for online transactions?
- 36
How does cryptocurrency affect my tax return?
- 29
What are the best digital currencies to invest in right now?