✅ How to Set a Stop-Limit on Binance

📌 Hypothetical Example:

You bought a coin called XYZ for $100.

And you want to sell it if the price drops to $90 (Stop Loss).

📲 Steps on the Binance App or Website:

Open the Binance app or log in from your browser.

Go to "Trade," then select the pair you own the coin in (for example: XYZ/USDT).

Choose "Sell" from the top, then select the order type: Stop-Limit.

Now you will see 3 fields:

✅ Stop: the price that activates the sell order (for example: 90.00).

✅ Limit: the price you want to sell at (for example: 89.50 — leave it slightly below the stop to ensure execution).

✅ Amount: the quantity you want to sell (for example: 100% or part of it).

Press "Sell XYZ."

⚠️ Important Notes:

The difference between Stop and Limit:

Stop is the price that activates the order.

Limit is the actual price at which you sell it.

You need to keep the Limit slightly below the Stop so that the order executes quickly before the price drops further.

🛡️ Final Example to Confirm Understanding:

Field Value Stop 90.00 Limit 89.50 Amount 100%

If the price drops to $90, you will automatically sell the coin for $89.50.