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Binance Trailing Stop Order

Don't waste your time seeking the perfect moment to buy or sell an asset. Trailing Stop Binance orders in the GoodCrypto app will do that for you, reducing your risk and increasing your profit potential. Trailing Stop Binance order will help you unlock multiple opportunities to get the most from your trading.

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How to Set a Trailing Stop For Binance In GoodCrypto?

Connect Binance Account

Add the API key  to your existing account

Setup Binance Trailing Stop

Simple set up with visual guides

Trail Market Price

Trailing Stop follows the market automatically

Binance Trailing Stop Order Strategies

A Trailing Stop order is the perfect tool to enter and exit positions at the right moment. It allows you to ride the market as long as it continues to move in your favor. Binance Trailing Stop order will help you maximize profits while minimizing the risk of loss on every trade. Check out examples of Trailing Stop strategies below or read our detailed guide, where we show all the benefits of trading with Trailing Stops via the GoodCrypto app.

Binance Trailing Sell Order

Binance Trailing Buy Order

Trailing Buy order strategy is the best way to go long. The order follows market price as it goes down and triggers a Buy order if/when the price rises from its low by the amount set as Trailing Distance. This allows you to buy at a lower price and do that exactly when the price trend reverses, increasing your chances of making a profit.
Binance Trailing Buy Order

Binance Trailing Sell Order

Trailing Stop Sell is a great way to exit a long position. The order follows market price as it goes up and triggers Sell if/when the price falls from its peak by the amount set as the Trailing Distance. That allows you to ride the market up to capture the maximum profit possible by exiting exactly when the price trend reverses.
Trailing Stop Loss Binance Order

Trailing Stop Loss Binance Order

Trailing Stop Loss Binance Order is the perfect tool in the arsenal of every trader. It acts both as a Stop Loss and a Take Profit that does not limit your upside. As long as the price goes in your direction, your potential profit will keep increasing. What is more, the Binance trailing stop loss order will keep moving the Stop Loss up, making sure that you exit with a profit when the price trend finally reverses.
Trailing Take Profit Binance Order

Trailing Take Profit Binance Order

Binance trailing stop loss can be turned into a Binance trailing take profit if the order is activated above the initial buying price. Trailing Take Profit is used to gain extra profit compared to your regular TP if the market price keeps going up. Trailing take profit will be executed when the trend reverses, and the price falls by the trailing distance, much like the trailing stop loss. Unlike trailing stop loss, though, trailing take profit will ignore downside price movements until it is activated, increasing your chances to capture a strong uptrend.

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Binance Trailing Stop Loss Bot In GoodCrypto

Binance Trailing Stop Loss Bot In GoodCrypto
The Infinity Trailing bot will save you time and help you automatically trade with Binance trailing stop orders. The bot will automatically send Trailing Buy and Trailing Sell orders to enter and exit positions riding both bullish and bearish trends fully. You only need to specify your preferred Trailing Distance based on observed volatility and launch the bot. Moreover, if you set a PnL drawdown target, it will preserve your gains, protecting your hard-earned PnL.

Binance Stop Loss and Take Profit Combos

Binance Stop Loss and Take Profit Combos
With the GoodCrypto app, you can attach Stop Loss and Take Profit Binance combos to any order , the combo will not freeze your balance and once one of the Stops executes, the other will be canceled automatically. What is more, GoodCrypto allows you to turn your Binance Stop Loss or Take Profit into a Trailing Stop Loss Binance or Trailing Take Profit, tilting the Risk/Reward Ratio even more in your favor. Set up your entire trading strategy with just a few clicks and simply wait for its execution. Crypto trading has never been so easy!

Why Good Crypto?

Advanced Trading Functionality

Advanced order types, automated trading strategies, charting, technical indicators, signals, and a lot more for 35 leading crypto exchanges

Simple Intuitive Interface

Every advanced tool can be mastered and set up with a few clicks. Becoming a PRO trader never was so easy

Best Value

GoodCrypto provides the most advanced trading features and tools for profitable trading at the lowest price on the market. What is more, you can try them for free with a 14-day free trial. Check it out now!

FAQ

Binance natively offers only vanilla Trailing Stop Limit orders for spot trading and Trailing Stop Market for derivatives. Native Binance Trailing Stops have much narrower functionality and customization options than the GoodCrypto app’s. Besides, GoodCrypto Trailing Stop orders can be used as part of the Stop Loss + Take Profit combos, allowing you to place Trailing Stop Loss and/or Trailing Take Profit on Binance.

Add Binance API key to our app and enjoy trading with Trailing Stop on Binance, as well as with Stop Loss and Take Profit combos, Trailing Stop Loss bot and other advanced order types.

In our definitive guide, find all details about configuring the Binance API key and adding it to Good Crypto.

Plenty of features are available in GoodCrypto for free. However, some advanced Trading & Analytical tools are available only in the PRO package. If you want to use the app at full blast, start with a 14-day free trial and give it a try!

GoodCrypto is one of the most secure crypto trading apps on the market. 

  • We don’t have access to your funds.
  • We don’t require your wallet’s private keys.
  • The app supports immediate on-device asymmetric encryption of all API keys and user data.
  • All internal connections are encrypted, and backend services are encrypted and firewalled separately.

Please find more details about Good Crypto’s security on our Security page.

Everything is very simple:

  • Download the GoodCrypto app. 
  • Create an API key for your crypto exchange(s) and add it to GoodCrypto.
    * More details on how to configure API keys may be found here.
  • Start a 14-days free trial to take full advantage of the best trading tools GodCrypto has to offer.

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