#OrderTypes101
Order Types 101 is a beginner-friendly guide to understanding how to place trades on Binance. The three most common order types are Market Orders, Limit Orders, and Stop-Limit Orders. A Market Order buys or sells instantly at the current market price, ideal for quick trades. A Limit Order lets you set the exact price you want to buy or sell at, giving you more control but requiring patience.
A Stop-Limit Order adds an extra layer of control—it triggers a limit order once a specific stop price is reached, useful for managing risk. Learning how these order types work helps traders make smarter decisions and better manage their crypto portfolio.