#OrderTypes101 A Market Order is the most straightforward type of order you can place on Binance. It tells the platform to buy or sell an asset immediately at the best available price. This type of order prioritizes speed over precision, making it ideal for traders who want to quickly enter or exit a position—especially during volatile market conditions.

However, market orders come with a catch: slippage. This happens when the final executed price differs slightly from the expected price, especially in low-liquidity markets or when trading large volumes.

✅ Use Market Orders when timing is critical.

❌ Avoid them if you need exact pricing.

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