*🚀 Crypto Trading: What's a Stop-Limit Order?*

Learn how to manage risk and lock in profits with stop-limit orders on Binance!

*What is a Stop-Limit Order?*

A stop-limit order combines a stop order and a limit order. When the price reaches your stop price, a limit order is placed at your specified price.

*Why Use Stop-Limit Orders?*

- Manage risk: Limit losses or lock in profits

- Automate trading: No need to monitor markets constantly

- Precision: Set exact prices for buying or selling

*Example:*

- Stop price: $30,000 (Bitcoin's current price)

- Limit price: $29,500

- If Bitcoin drops to $30,000, a sell order is placed at $29,500

Ready to level up your trading strategy? Try stop-limit orders on Binance! 💰

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