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How to Use the Stop-Limit Function
How to Use the Stop-Limit Function

This article offers instructions for using Stop-Limit orders on Binance.US

Updated today

This guide will show you how to set a Stop-Limit order in the Binance.US advanced trading interface. For an explanation of what Stop-Limit orders are and when you should use them, please visit here.


How to Use the Stop-Limit Function on the Mobile App

1. Tap the Markets icon on the bottom of your app screen

2. Select the trading pair you wish to use. You can scroll down or use the search bar to find more trading pairs.

3. Make sure Advanced trading is highlighted at the top of your screen.

4. From the main screen for the trading pair you've selected, tap Buy or Sell. In this example we will be placing a Buy order (and thus tapping Buy). If you'd like to place a Sell order, tap Sell.

5. Make sure that the Stop-Limit tab at the top is selected. If not, tap on it to select it.

6. Set your stop price (the price that will trigger your limit order) and your limit price (the maximum or minimum amount you will pay).

Then, enter the amount of the asset you would like to buy or sell. You can also use the percentage tabs to automatically use a percentage of your available funds. The Total is the total value you will pay/receive to buy/sell the chosen amount at the chosen price.

7. Once all details are filled in, tap the Buy or Sell button for your selected asset at the bottom of the section.

8. Confirm your order details in the pop-up window.

9. Your Stop-Limit Buy order can be viewed in the Open Orders section for your chosen trading pair. In this section, we will see the open Stop-Limit Buy Order, as well as any other open orders. You can tap on an order to get more details. From here you can also cancel the order.

How to Use the Stop-Limit Function via Web Browser

1. Log in to your Binance.US account and hover over the Trade button at the top of the screen. Select Spot Trading from the drop-down menu.

2. Once you're on the Advanced Trading screen, select your trading pair by clicking the trading pair displayed in the upper-left corner. From the drop-down menu, you can scroll to find, or search for, your desired trading pair.

3. After you have chosen your trading pair, you can focus on the Place Order section on the right-hand side of your screen to continue making your trade.

Use the Buy or Sell tabs at the top of the section to select the type of Stop-Limit order you want to make, then Select Stop Limit as your order type.

4. Set your stop price (the price that will trigger your limit order) and your limit price (the maximum or minimum amount you will pay or receive). Then, enter the amount of the asset you would like to buy or sell. You can also use the slider to automatically use a percentage of your available funds. The 'Total' is the total value you will pay/receive to buy/sell the chosen amount at the chosen price.

When placing a Stop-Limit Order, you may want to select a conditional order type to modify your Stop-Limit Order's behavior. Learn more about Iceberg and Time in Force (TIF) order types.

Once all details are filled in, click the Buy or Sell button for your selected asset at the bottom of the section.

7. Confirm your order details in the pop-up window.

8. A pop-up will briefly display in the lower right-hand corner, confirming your trade.

9. Your Stop-Limit Buy order can be viewed in the Open Orders section in the lower left of the screen. In this section, we will see the open Stop-Limit Buy Order, as well as any other open orders. From here you can view details of your open orders, and cancel individual orders or all open orders.



Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.
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