How can I set up and activate trailing stop in Binance to protect my investments in the volatile cryptocurrency market?

7 answers

• DheoPackerNov 15, 2021 · 4 years ago
  To set up and activate trailing stop in Binance, follow these steps: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Click on the 'Sell' button to activate the trailing stop. By setting up trailing stop in Binance, you can automatically sell your cryptocurrency when its price starts to decline, protecting your investments from further losses in the volatile market.
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• Maruthu WordPressNov 10, 2022 · 3 years ago
  Setting up and activating trailing stop in Binance is a great way to protect your investments in the volatile cryptocurrency market. Here's how you can do it: 1. Log in to your Binance account and navigate to the 'Trade' tab. 2. Select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. With trailing stop activated, you can have peace of mind knowing that your investments will be automatically sold if the price starts to decline, helping you minimize potential losses.
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• REndJul 19, 2023 · 3 years ago
  If you're looking to set up and activate trailing stop in Binance, you're in luck! Binance offers a user-friendly interface that makes it easy to protect your investments in the volatile cryptocurrency market. Here's how you can do it: 1. Log in to your Binance account. 2. Navigate to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. By following these steps, you can ensure that your investments are protected in the volatile cryptocurrency market. Happy trading!
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• Jayesh MotwaniNov 13, 2021 · 4 years ago
  Setting up and activating trailing stop in Binance is a breeze! Just follow these simple steps: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Click on the 'Sell' button to activate the trailing stop. With trailing stop set up in Binance, you can sit back and relax, knowing that your investments are protected in the volatile cryptocurrency market.
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• Zahidul IslamAug 24, 2024 · a year ago
  To set up and activate trailing stop in Binance, you can follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Trade' tab and choose the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want the trailing stop to be activated. 5. Set the limit price, which is the price at which you want the trailing stop to be triggered. 6. Specify the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. By setting up trailing stop in Binance, you can protect your investments in the volatile cryptocurrency market and minimize potential losses.
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• Caspersen KragelundMar 03, 2025 · a year ago
  To set up and activate trailing stop in Binance, you need to: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. By following these steps, you can protect your investments in the volatile cryptocurrency market and take advantage of the trailing stop feature offered by Binance.
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• Michael HullenderFeb 26, 2025 · a year ago
  BYDFi is a great platform that offers a wide range of features for cryptocurrency traders, including the ability to set up and activate trailing stop in Binance. To protect your investments in the volatile cryptocurrency market, you can follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. With trailing stop set up in Binance, you can protect your investments and take advantage of the volatile cryptocurrency market. Happy trading!
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