Binance Introduces Take Profit and Stop Loss Orders for Convert Trades

According to the announcement from Binance, the platform is set to enhance trading experiences with the introduction of Take Profit (TP) and Stop Loss (SL) orders for its Instant Order feature on Binance Convert. This new functionality aims to provide users with advanced risk management tools, enabling them to automatically secure profits and limit potential losses on their Convert trades. The key highlights of this update include automated risk control, allowing users to seamlessly integrate TP and SL orders with their Convert Instant Orders. Traders can set predefined price triggers to manage trades efficiently without the need for constant market monitoring source: https://www.binance.com/en/square/post/33524140717793?utm_source=BinanceNewsRSS