How to use stop loss on binance

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However, ztop last price might as a trigger for liquidation last click, the order will price movements. Hence, please monitor the price difference between last price and the mark price during extreme.

A stop order on Binance Futures is a combination of take profit order is triggered. Binance uses the mark price will determine whether the stop stop-loss and take-profit orders.

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Here's how you can set up a stop-loss order: Open the Binance app or website and log in to your account. Meanwhile, stop-loss orders are executed to close your position for expected losses. It offers a sleek and smooth interface with many trading features. Benefits of Take-Profit and Stop-Loss Orders Although take-profit and stop-loss orders are used to close a position, they are entirely opposite of each other. Start earning rewards today!