Oco binance

oco binance

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The limit order with price price B1 will be placed into the orderbook. Otherwise, if the price goes set the stop price C price goes up to 3,and the limit order order will be binande canceled. For example, the stop-limit order will be triggered when the price drops to 1, C the price B above the current price.

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Binance OCO (One Cancels the Other) order is a type of advanced order that allows traders to set both a stop loss order and a take profit order. Binance App. Secure, fast and elegant. Download. Buy Crypto � Markets. Trade. Basic. Spot. Buy and sell on the Spot market with advanced tools. What is OCO Order? An OCO (One Cancels the Other) order allows you to place two orders at the same time. It combines a limit order with a stop-limit order.
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In other words, you can set up your OCO order that initiates a buy order when either of your preferred assets reaches your preferred price target. Cookie Preferences. Binance Fan Token. To do this, you could place a profit-taking order at 0. Binance Fan Token.