#humanity 📌 My first experience in executing a sell order on the Binance platform 🔥
Today I tried for the first time to execute a sell operation, and I wanted to share an important note with you 👇
When using the automatic limit order (Limit Order), we must consider two essential steps:
1️⃣ The appropriate quantity for selling:
The platform does not allow executing a sell order if the total transaction is less than 5 USDT.
This means the value of the currency you are selling must equal or exceed $5.
Example: If the current price of the currency is 0.02872, the minimum allowed quantity is approximately 174 pieces of HUMA.
If you try to sell less than this quantity, an error alert will appear and the order will not be confirmed ❌.
2️⃣ Specifying the target price point:
After determining the quantity, choose the target selling price at the point you expect the price to reach 🔝.
Then you confirm the sell order and let the platform execute it automatically when the price reaches your target.
💡 In summary:
Arrange your quantity so that it exceeds $5, and accurately specify the selling price, and this way you ensure the transaction is executed correctly and smoothly. ✅