#StopLossStrategies

Stop-loss strategies on Binance help protect your investments by automatically selling a crypto asset when it hits a certain price, limiting potential losses. To set it up, go to the Spot or Futures trading interface, choose Stop-Limit or Stop-Market order, and enter your stop price (trigger) and the price you want to sell at. For example, if you bought BTC at $30,000, you might set a stop-loss at $28,500 to minimize losses if the market drops. It's a smart risk management tool, especially in volatile markets.