Clarification about STOP_LOSS order type in Binance API vs Binance App

API Spot/Margin API
1

Hi Binance community,

I’m currently working with the Binance API and I noticed that in the ExchangeInfo for a particular trading pair, I see the STOP_LOSS order type listed. However, I couldn’t find this exact terminology in the Binance App.

Could someone please clarify if:

  • In the Binance API, the STOP_LOSS order is essentially the same as the STOP_MARKET order type in the Binance App?
  • Are these two terms referring to the same thing but using different names in the API vs the app, or is there a difference in behavior?

I appreciate any insights or explanations on this matter!

Thank you!
Alex

2

Yes, the are the same thing.

API Website and app Meaning
STOP_LOSS Stop Market place a market order when the current price reaches the trigger value
STOP_LOSS_LIMIT Stop Limit place a limit order at given price when the current price reaches the trigger value

Similar for TAKE_PROFIT.

1 Like
3

Thanks !!
Alex