#OrderTypes101
📊 **#OrderTypes101: Understanding the Basics**
New to crypto trading? Mastering different **order types** is a must for smart trading on Binance! Here’s a quick rundown:
🔹 **Market Order**
Instant execution at the best available price. Fast & simple — perfect for quick trades.
🔹 **Limit Order**
Set your price, and wait for the market to meet it. Ideal for more control over entry/exit points.
🔹 **Stop-Limit Order**
A combo of stop and limit. Great for protecting gains or minimizing losses.
🔹 **OCO (One Cancels the Other)**
Two orders, one outcome. If one executes, the other is canceled. Flexible and strategic.
📈 Whether you're buying the dip or setting up your next exit, knowing your order types can help you trade smarter.
💡 Tip: Always set a stop-loss to manage risk, especially in volatile markets!
#CryptoTrading #CryptoTips #OrderTypes101