How can I set up a trailing stoploss order on Binance for my cryptocurrency trades?

1 answers

• May 01, 2022 · 3 years ago
  Setting up a trailing stoploss order on Binance is a breeze! Just follow these steps: 1. Log in to your Binance account and navigate to the 'Trade' section. 2. Choose the cryptocurrency pair you want to trade. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which will trigger the trailing stoploss order. 5. Set the limit price, which is the price at which the order will be executed. 6. Specify the quantity of the cryptocurrency you want to trade. 7. Finally, click on the 'Sell' button to place your trailing stoploss order. That's it! Your trailing stoploss order is now active and will automatically adjust as the price of the cryptocurrency changes.
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