Binance stop market order

binance stop market order

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In Binance Futures, the stop order type determines the type of order the system places once the asset reaches the stop price. There are two stop. Similar to a stop limit order, a stop market order uses a stop price to trigger the trade. However, when the stop price is reached, it'd trigger. Similarly to a stop-limit order, a stop-market order uses a stop price as a trigger. However, when the stop price is reached, it triggers a.
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  • binance stop market order
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Latest News. If you intend to place a stop order to avoid liquidation , it's better to use the Mark Price as the trigger, as it always coincides with the liquidation price of a futures contract. Depending on your trading strategy, you can also set your order to be triggered based on the "Last Price" or the "Mark Price".