#StopLossStrategies How to use "STOP LOSS" in Spot Trading Binance

trade_smoker

Sep 4, 2023

Many people are waiting for this article so, No more noise, lets come direct to the point.

How to use stop loss: Let's assume BNB is trading at 500$ and you bought it, and you want to limit your potential loss to $100. Here's how you can set up a stop-loss order:

Open the Binance app or website and log in to your account.

Go to the "Spot" trading section.

Example:

Find any trading pair you bought (e.g., BNB/USDT).

Click on "Trade" and then select "Sell."

In the "Sell" section, choose "Stop-Limit."