For Beginners
🎯 How to Use Limit Spot Trading on Binance (WCT/USDT Example)consider image 👇🏻👇🏻
Want more control over your crypto trades? Use the Limit Order in Spot Trading! Here’s how:
1️⃣ Go to your Fiat & Spot Wallet and ensure you have USDT.
2️⃣ In the Spot Trading tab, choose your pair – here it’s WCT/USDT.
3️⃣ Select Limit Order.
4️⃣ Set your Buy Price – in this case, 0.3048 USDT.
5️⃣ Enter the Amount to buy (e.g., 35.3 WCT) – total = 10.7594 USDT.
6️⃣ Enable TP/SL (Take Profit / Stop Loss):
🟢 TP: 0.3060 USDT – locks in profit
🔴 SL: 0.3035 USDT – limits loss
📏 Simple Rule:
✅ TP: 0.5% to 2% above entry price
✅ SL: 0.5% to 2% below entry price
(Adjust based on your risk tolerance)
🧠 Don’t set SL too close — avoid being stopped out by small fluctuations.
📈 Limit Orders = control + discipline. Great for new traders learning risk management