To set a stop-loss (stop-limit) order on Binance, follow these steps

- *Access the Trading Page*: Go to the Binance trading page for the specific cryptocurrency pair you're interested in.

- *Select Stop-Limit Order Type*: Choose the "Stop-limit" option when placing an order.

- *Set the Stop Price*: Enter the stop price, which is the trigger price that activates your limit order.

- *Set the Limit Price*: Enter the limit price, which is the price at which you want to buy or sell the asset.

- *Set the Quantity*: Specify the quantity of the asset you want to buy or sell.

- *Review and Confirm*: Review your order details and confirm the transaction.

*Example*:

Let's say you buy 1 BTC at $40,000 and want to set a stop-loss order at $38,000 with a limit price of $37,900.

- Stop price: $38,000

- Limit price: $37,900

- Quantity: 1 BTC

When the stop price is reached, a limit order is placed at the specified limit price. This helps you limit potential losses if the market moves against your position.