How can I set a stop-limit order on Binance to protect my investment in cryptocurrencies?

1 answers

• May 07, 2022 · 3 years ago
  Setting a stop-limit order on Binance to protect your investment in cryptocurrencies is a smart move. Here's how you can do it: 1. Log in to your Binance account. 2. Go to the 'Trade' section and select the trading pair you want to trade. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price and the limit price. 5. Specify the amount of cryptocurrency you want to buy or sell. 6. Click on the 'Buy' or 'Sell' button to place your stop-limit order. By setting a stop-limit order, you can minimize potential losses by automatically selling your cryptocurrencies if the price drops to a certain level. It's a great way to protect your investment in volatile markets.
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