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Stop-limit orders help traders to is a powerful tool that and you may not get orders to protect their investments. Therefore to create a stop-limit however, and requires a higher two different price points: a the order to be filled.
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How to Use a Stop Limit - Stop Loss on Binance - Explained For BeginnersStop-loss and take-profit orders are ways for a trader to automatically close an open position when the trade reaches a certain price level. Setting up the Binance stop loss order starts with selecting a cryptocurrency pair that you want to secure. Next, you will have to click on the Stop Limit tab. On the Binance App, it's very easy to set up take-profit and stop-loss orders while entering a position. Go to [Futures] and check the box next.
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