Stop Loss Order Limitations

Hit an uncommon drawback when setting cease loss orders on Binance. For some purpose Binance limits the order worth to a maximum distance under the present worth (or a mean of x days of the present worth) which is not something I've seen on different exchanges like Gate, Kraken, Bitfinex, Bybit and so on. This distance is tight, like 10%. When making an attempt to add a cease over the online for a coin like NEAR i get an error 'worth cannot be lower than n'. This worth is just 10% under the present worth. Utilizing the API this generates the error: PERCENT_PRICE_BY_SIDE. Contacting Binance help by way of chat, they direct me to the docs and inform me that I can add feedback for this concern.

I'd thought I'd ask the group to gauge whether or not it's an issue for other customers. Personally, I wont be capable of commerce on Binance if this policy continues as I exploit cease losses to guard my spot margin liquidation points which is far decrease than 10%. Exiting early at 10% shouldn't be a part of the technique and would make my buying and selling costs improve. Does anyone know why this is in place in the first place and whether the policy is long run or just carried out throughout sure market circumstances?