#订单类型解析 **Binance Order Type Analysis**

Binance offers a variety of order types to meet different trading needs:

1. **Limit Order**: Set to execute at a specified price, suitable for precise cost control.

2. **Market Order**: Executes instantly at the best price, suitable for quick buying and selling, but may be affected by slippage.

3. **Stop Loss Order**: Automatically closes positions when the price reaches a set level, used for risk control.

4. **Limit Stop Loss Order**: Combines stop loss and limit orders to avoid unfavorable transactions during extreme market conditions.

5. **Conditional Order** (such as TWAP): Large trades executed over time to reduce market impact.

Proper use of order types can optimize trading strategies, reduce risks, and enhance returns.