Binance trading orders are diverse and varied, allowing traders to streamline trading operations and take advantage of different market scenarios. These orders include:
Market Order:
Executed immediately at the current market price.
Limit Order:
Executed at a pre-defined price, giving the trader control over the execution price of the trade.
Stop Loss Order:
Executed when a specified price level is reached, helping to minimize losses.
Take Profit Order:
Executed when a specified price level is reached, helping to secure profits.
Pending Order:
Executed when the price reaches a pre-defined level, allowing the trader to plan trades in advance.
Advanced Trading Orders:
Include orders like "OCO (One Cancels the Other)" and "Iceberg Orders" that enable traders to use specialized orders to implement complex trading strategies.
Note: These orders are available in the trading interface of Binance, and traders can choose the appropriate type for their operations based on their specific strategy.