How to use the Stop-Limit order on the Binance platform

🔍 Example:

Let's assume you bought TRX at a price of $50 and you want to automatically sell it if the price drops to $48 to minimize losses.

📲 Steps on the Binance app or website:

1. Log in to your Binance account from the app or browser.

2. Go to the *"Trade"* section and search for the currency pair *TRX/USDT*.

3. Select *"Sell"*, then change the order type to *Stop-Limit*.

🧮 You will see three fields that need to be filled:

⏹️ *Stop*: the price that triggers the sell order (e.g., *48.00*)

💰 *Limit*: the price at which the sale will actually occur (e.g., *47.80* – make it lower than the trigger price to ensure quick execution)

📦 *Amount*: the quantity you want to sell (e.g., *100%* or a portion of it)

Then, press the *"Sell TRX"* button to complete the order setup.

⚠️ Important notes:

- *Stop*: the price at which the order execution starts (48.00)

- *Limit*: the price at which the currency is offered for sale (47.80)

✨ It is preferable for the Limit price to be slightly lower than the Stop to ensure the order is executed before the price drops further.

If the price of *TRX* reaches *$48*, it will automatically be offered for sale at a price of *$47.80*.