diff --git a/freqtrade/exchange/binance.py b/freqtrade/exchange/binance.py
index 6d818bab9..b21e64eb2 100644
--- a/freqtrade/exchange/binance.py
+++ b/freqtrade/exchange/binance.py
@@ -42,24 +42,6 @@ class Binance(Exchange):
         (TradingMode.FUTURES, MarginMode.ISOLATED)
     ]
 
-    def stoploss_adjust(self, stop_loss: float, order: Dict, side: str) -> bool:
-        """
-        Verify stop_loss against stoploss-order value (limit or price)
-        Returns True if adjustment is necessary.
-        :param side: "buy" or "sell"
-        """
-        order_types = ('stop_loss_limit', 'stop', 'stop_market')
-
-        return (
-            order.get('stopPrice', None) is None
-            or (
-                order['type'] in order_types
-                and (
-                    (side == "sell" and stop_loss > float(order['stopPrice'])) or
-                    (side == "buy" and stop_loss < float(order['stopPrice']))
-                )
-            ))
-
     def get_tickers(self, symbols: Optional[List[str]] = None, cached: bool = False) -> Tickers:
         tickers = super().get_tickers(symbols=symbols, cached=cached)
         if self.trading_mode == TradingMode.FUTURES:
diff --git a/freqtrade/exchange/exchange.py b/freqtrade/exchange/exchange.py
index ca53e5333..cdbe1804e 100644
--- a/freqtrade/exchange/exchange.py
+++ b/freqtrade/exchange/exchange.py
@@ -1076,7 +1076,11 @@ class Exchange:
         Verify stop_loss against stoploss-order value (limit or price)
         Returns True if adjustment is necessary.
         """
-        raise OperationalException(f"stoploss is not implemented for {self.name}.")
+        if not self._ft_has.get('stoploss_on_exchange'):
+            raise OperationalException(f"stoploss is not implemented for {self.name}.")
+
+        return ((side == "sell" and stop_loss > float(order['stopPrice'])) or
+                (side == "buy" and stop_loss < float(order['stopPrice'])))
 
     def _get_stop_order_type(self, user_order_type) -> Tuple[str, str]:
 
diff --git a/freqtrade/exchange/gateio.py b/freqtrade/exchange/gateio.py
index ab127a036..de178af02 100644
--- a/freqtrade/exchange/gateio.py
+++ b/freqtrade/exchange/gateio.py
@@ -126,13 +126,3 @@ class Gateio(Exchange):
             pair=pair,
             params={'stop': True}
         )
-
-    def stoploss_adjust(self, stop_loss: float, order: Dict, side: str) -> bool:
-        """
-        Verify stop_loss against stoploss-order value (limit or price)
-        Returns True if adjustment is necessary.
-        """
-        return (order.get('stopPrice', None) is None or (
-            side == "sell" and stop_loss > float(order['stopPrice'])) or
-            (side == "buy" and stop_loss < float(order['stopPrice']))
-            )
diff --git a/tests/exchange/test_binance.py b/tests/exchange/test_binance.py
index 75aaa0081..1fc8b4153 100644
--- a/tests/exchange/test_binance.py
+++ b/tests/exchange/test_binance.py
@@ -162,9 +162,6 @@ def test_stoploss_adjust_binance(mocker, default_conf, sl1, sl2, sl3, side):
     }
     assert exchange.stoploss_adjust(sl1, order, side=side)
     assert not exchange.stoploss_adjust(sl2, order, side=side)
-    # Test with invalid order case
-    order['type'] = 'stop_loss'
-    assert not exchange.stoploss_adjust(sl3, order, side=side)
 
 
 def test_fill_leverage_tiers_binance(default_conf, mocker):