Binance does not offer this option for spot trading, but there are 3rd-party solutions that allow to connect to your Binance wallet and pass TSL orders from their platform.
I'm using one called Trailing Crypto:
https://www.trailingcrypto.com/home.html?exchange=binance
It does offer the possibility to create trailing stop orders for both buy or sell (Trailing Stop Buy/ Trailing Stop Less), and it's very easy to set up your Binance account keys there, as well as several other exchanges (BitMex, Coinbase, Kraken, KuCoin etc). I found it very intuitive to use and it works well for me.
They offer a limited free version and their subscription plans start at $5/m if you need to pass more orders. You can also use their demo mode to test and learn it.
So far I'm quite pleased with it.
You could consider using kraken with https://www.trailingcrypto.com.
IMHO, trading platforms should need to have trailing and ladder entries...but the sophisticated retails use api or have other work arounds.
i use the free version of https://www.trailingcrypto.com/?ref=1ae3012c
a trading platform/interface that lets me connect to a multitude of crypto exchanges simultanously and every order i open there, i can set it to get notified per e-mail and telegram app when my orders get filled, also offers me a free trailing stop for binance
Look into using 3commas.io or trailingcrypto.com
What you're wanting to do is not really possible, taking profits at multiple sell targets.
You could split your sell orders and have a third sell at the first target, a third sell at the second target, and the remainder sell at the last target, for example. All using limit orders.
Keep in mind, the higher the target the less likely, or longer it will take to reach.
What I recommend is to use one of these services to maximize profits with a "trailing stop loss". You can set your take profit to activate at your first target, and if the price keeps going up you'll continue to increase profits, locking in profit when the price comes back down (determined by the percentage you set).
Check out their help docs for more info. https://www.trailingcrypto.com/support/knowledgebase
Lol, this was hilarious explanation of Cryptocurrency, I loved watching it. But, if anyone is willing to genuinely get some assistance with Crypto trading, then connect with https://www.trailingcrypto.com/.
If you are looking for the coins to trade or anything that bring hefty bucks to you, get the assistance of the professionals. When I was a newcomer, https://www.trailingcrypto.com/ helped me a lot to get the game in my favor.
This discussion is really helping out the newcomers for sure. I really appreciate the one who is initiated this. And, if anyone seeking reliable help for the information related to crypto, then reach out to the assistance of- https://www.trailingcrypto.com
Well, I totally agree mining can be a hassle in the beginning but with the right guidance it can turn out be very beneficial for the newcomers also. After reading this post, I am feeling more enlightened and wish keep reading such more posts in future. Also, I was looking for reliable sources to help me out, so I found- https://www.trailingcrypto.com. Try checking this out if anyone seek more assistance like I did.
Let me tell you one of the best Crypto Trading Bots that you can try for free.
<strong>Trailing Crypto</strong>
On TrailingCrypto one can access the diverse trading and investment instruments to participate in the ever-growing cryptocurrency market. The design of TrailingCrypto platform is an innovative blend of the best practices of traditional financial exchanges and the opportunities available in the burgeoning crypto market. The platform is suitable for both beginners as well as experienced traders.
Binance is a cryptocurrency exchange. They are one of the top exchanges for trading altcoins, have low fees, and have become the number one. This beginners guide to binance exchange will cover everything you need to know about Binance exchange and how to open Binance account easily.
Automating your trading strategy can be a great way to minimize risk and increase your bottom line when done correctly. TrailingCrypto is the world's professional algorithmic trading solution to support automated Crypto Trading.
The following comment by punchef was silently greylisted.
The original comment can be found(in censored form) at this link:
np.reddit.com/r/ BitcoinMarkets/comments/8tfcrz/-/e17o37b?context=4
The original comment's content was as follows:
> Stop loss order on www.trailingcrypto.com, has saved my ass from a major loss during such down cycle. > > At this time, I'm looking to buy some 3-4 different altcoins to minimise risk. Also, I will put 3-4% trailing stop on that.
The following comment by punchef was silently greylisted.
The original comment can be found(in censored form) at this link:
np.reddit.com/r/ BitcoinMarkets/comments/8tfcrz/-/e17obyd?context=4
The original comment's content was as follows:
> Usually, to minimize risk, I use stop loss/trailing stop sell on www.trailingcrypto.com. ?_(??? )>