😱😍👉𝐇𝐨𝐰 𝐈 𝐒𝐞𝐭 𝐚 𝐒𝐭𝐨𝐩-𝐋𝐨𝐬𝐬 (𝐒𝐭𝐨𝐩-𝐋𝐢𝐦𝐢𝐭) 𝐨𝐧 𝐁𝐢𝐧𝐚𝐧𝐜𝐞 – 𝐀 𝐒𝐢𝐦𝐩𝐥𝐞 𝐆𝐮𝐢𝐝𝐞 𝐟𝐨𝐫 𝐁𝐞𝐠𝐢𝐧𝐧𝐞𝐫𝐬❗
When I first started trading crypto on Binance, my biggest fear was losing money in sudden market drops. That’s when I discovered Stop-Limit orders — a simple but powerful tool that helps you protect your capital by automatically selling when the price hits a certain level.
Let me walk you through how I set mine up, step by step — beginner-friendly and easy to follow.
What’s a Stop-Limit Order?
It’s a type of order that uses two prices:
Stop Price: The trigger that activates your limit order.
Limit Price: The price at which your coin is actually listed for sale.
Once the market hits your stop price, a limit order is placed at your chosen price. This helps prevent bigger losses when the market moves fast.
Why I Use Stop-Limit Orders on Binance
Manage Risk: Avoid big losses during volatility.
Hands-Free Trading: No need to monitor the market 24/7.
Peace of Mind: I can trade confidently, knowing my downside is protected.
Step-by-Step: How I Set a Stop-Limit on Binance (Web Version)
1. Log In to Binance
Go to binance.com and sign in.
2. Open the Trading Interface
Click “Trade” in the top menu, then select “Spot.”
3. Pick Your Trading Pair
Use the search bar to find your pair (e.g. BTC/USDT).
4. Select ‘Stop-Limit’
Below the chart, click on the “Stop-Limit” tab.
5. Enter Your Stop and Limit Values
Stop: The price that triggers your order.
Limit: The price your order will be listed at .
Amount: How much you want to sell.
Example
If BTC is at $40,000 and you want to sell at $39,000:
Stop: 39,000
Limit: 38,900
Amount: 0.01 BTC
6. Click ‘Sell BTC’
Review the details and hit “Confirm” in the pop-up.
$BTC #CryptoForBeginners #BinanceTips #StopLossStrategy #TradeSmart