#OrderTypes101 : Mastering the Basics of Crypto Trading

#BinanceEducation #CryptoTrading #OrderTypes #Binance101

Whether you’re a new trader or sharpening your skills, understanding crypto order types is essential to executing smarter trades. Here's your quick guide:

🟢 Market Order

Executes instantly at the current market price.

🔹 Best for: Speed and simplicity

⚠️ Risk: Slippage during high volatility

🟡 Limit Order

Buy or sell at a specific price or better.

🔹 Best for: Precision and control

✅ You set your own price and wait

🔴 Stop-Limit Order

Triggers a limit order when a stop price is reached.

🔹 Best for: Risk management or breakout trading

📉 Great tool for cutting losses or locking in profits

🔵 OCO (One-Cancels-the-Other)

Combines a limit order and a stop-limit order.

🔹 Best for: Automating profit and stop-loss in one go

📊 Useful in volatile markets

Pro tip: Use the right order type to stay ahead—don’t just trade, trade smart.

Which order type do you use the most?

Let us know below 👇