📚 Crypto 101: How to Set a Stop-Limit Order on Binance 🚀
Worried about losses or want to secure profits automatically? The Stop-Limit order is your best friend on Binance! Here's how to use it like a pro:
🔹 Step 1: Open the Binance app and go to the Trade section.
🔹 Step 2: Choose your trading pair (e.g., BTC/USDT).
🔹 Step 3: Tap on Stop-Limit from the order types.
🔹 Step 4: Set your Stop Price — when this price is reached, your limit order will be placed.
🔹 Step 5: Set your Limit Price — the price at which your order will execute.
🔹 Step 6: Enter the amount of crypto you want to trade and tap Buy or Sell.
🧠 Example:
If BTC is at $30,000 and you want to sell if it drops to $29,500:
👉 Set Stop = 29,500
👉 Set Limit = 29,400
👉 This ensures your sell order triggers before the price drops further!
✅ Pro Tip: Always leave a little buffer between your stop and limit prices to increase execution success.
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