#OrderTypes101
Mastering Binance orders is key!
1. **Market Order:** Buy/sell instantly at the best current price. Fast but risks slippage.
2. **Limit Order:** Set your exact buy/sell price. Order fills only if the market hits it. Great for specific entries/exits.
3. **Stop-Limit Order:** A two-part order. A "stop" price triggers a "limit" order. Essential for stop-loss to limit potential losses.
4. **OCO (One-Cancels-the-Other):** Combines a limit order (take profit) and a stop-limit order (stop-loss). If one executes, the other cancels, perfect for managing trades!
Trade smarter, not harder! #BinanceTips #CryptoTrading