Binance: Stop-Limit Orders Explained, Stop-Limit vs. Stop-Loss difference

To Trade on Binance exchange:
Binance recently added the Stop-Limit order functionality for all cryptocurrency markets, enabling traders to set two stop-limits at any time in a single trading pair. This video breaks down and explains the nature of the Stop-Limit order (similar to a “Stop-Loss”) and the advantages of using it when trading. Bittrex and other exchanges have similar order types, which may be named differently – “Conditional Order” – but serve the same purpose in trading cryptocurrency.

→ Binance article on Stop-Limits:



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