Stop Loss Order Limitations

Hit an uncommon drawback when setting cease loss orders on Binance. For some cause Binance limits the order worth to a maximum distance under the current worth (or a mean of x days of the current worth) which isn't something I've seen on other exchanges like Gate, Kraken, Bitfinex, Bybit and so forth. This distance is tight, like 10%. When making an attempt so as to add a cease over the online for a coin like NEAR i get an error 'worth can't be less than n'. This worth is just 10% under the current 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 suggestions for this difficulty.

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