$BNB NB
BNB
674.08
+1.2%
To set a Stop-Loss order on the Binance platform, you must first understand the difference between the different types of Stop-Loss orders. I will explain the general method for a "Stop-Limit" order, which is the most common.$SOL SOL
SOLUSDT
Permanent
176.01
-0.28%
E
TH
2,551.65
-0.16%
The method (for a Stop-Limit order):
1. Log into your Binance account.
2. Go to the "Trading" page, then choose "Spot" or "Futures" depending on the type of trading.
3. Select the pair you want to trade (for example, BTC/USDT).
4. Below the price chart, in the buy/sell interface, choose the order type:
Stop-Limit.
5. You will see these fields:
Stop: the price at which, once reached, the order is activated.
Limit: the price at which you want to execute the sale or purchase after activation.
Amount: the amount of the currency you want to sell or buy.
Example of selling with a Stop-Loss:
Suppose you bought BTC at 60,000 USDT and want to stop your loss if the price drops.
Stop: 57,000 (if the price reaches here, the order is activated)
Limit: 56,800 (the sell order is placed at this price)
Amount: the amount you want to sell of BTC
Once the price reaches 57,000, Binance will place a sell order at 56,800.#TrumpTariffs #BinanceAlphaAlert #BTCBreaksATH110K #MarketPullback #MarketPullback