✅ 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 the browser.

Go to "Trade", then select the pair you have 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 triggers the sell order (for example: 90.00).

✅ Limit: the price you want to sell at (for example: 89.50 — you leave it a bit lower than the stop to ensure execution).

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

Press "Sell XYZ".

⚠️ Important Notes:

The difference between Stop and Limit:

Stop is the price that triggers the order.

Limit is the actual price you sell at.

You need to keep the Limit a bit lower than the Stop to ensure 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 sell the coin at $89.50 automatically.