Binance Beginner Series – Day 26 🔰

Topic: What is an OCO Order? 🤔

💡 OCO = One Cancels the Other

It’s a smart order that lets you set two orders at once —

👉 one to take profit, and

👉 one to stop loss (protect from loss).

When one order happens, the other cancels automatically 🔁

📊 Example:

You buy BTC at $60,000 💰

You want to sell at $62,000 (profit)

You also want to sell if it falls to $58,500 (to avoid loss)

You set an OCO order, and it handles both for you automatically ⚙️

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💬 Why use it?

✅ Save time

✅ Reduce risk

✅ Great for people who can’t watch charts all day 📱

#BinanceBeginners #OCOOrder #CryptoForEveryone #Tan_Malik #Day26