✅ How to use the Stop-Limit order on the Binance platform 🔍 Illustrative example: Suppose you bought the cryptocurrency TRX at a price of 50 dollars, and you want to sell it automatically if the price falls to 48 dollars to reduce losses. 📲 Steps in the Binance app or website: 1. Log in to your Binance account from the app or browser. 2. Go to the *"Trading"* section, and look for the cryptocurrency pair *TRX/USDT*. 3. Select *"Sell"*, then change the order type to *Stop-Limit*. 🧮 Three fields will appear that you need to complete: ⏹️ *Stop*: the price that triggers the sell order (example: *48.00*) 💰 *Limit*: the price at which it will actually be sold (example: *47.80* – make it slightly lower than the activation price to ensure a quick execution) 📦 *Amount*: the amount you wish to sell (for example: *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 execution of the order begins (48.00) - *Limit*: the price at which the cryptocurrency is offered for sale (47.80) ✨ It is recommended that the Limit price be slightly lower than the Stop to ensure the order is executed before the price drops further. $TRX
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
