#OrderTypes101 #OrderTypes101 – Mastering the Basics of Crypto Trading Orders

Getting started with crypto trading? One of the first things to understand is order types — your tools for entering and exiting the market with strategy.

Let’s break down the most common ones:

🔹 Market Order

Fast and simple. A market order buys or sells immediately at the best available price. Ideal for high-liquidity markets or when speed is more important than precision.

🔹 Limit Order

Set your price, sit back, and wait. With a limit order, you define the exact price you want to buy or sell at. Great for getting optimal prices, but there's no guarantee your order will be filled.

🔹 Stop-Limit Order

This is a 2-in-1 tool. You set a stop price that triggers a limit order. Useful for setting stop-losses or capturing gains at precise levels.

🔹 Stop Market Order

Like the stop-limit, but instead of triggering a limit order, it triggers a market order. Prioritizes execution over price — good in volatile markets when quick exit is key.

🔹 OCO (One Cancels the Other)

Two orders in one: if one gets executed, the other is cancelled. Perfect for setting both a stop-loss and take-profit at the same time.

Understanding these basics isn’t just for beginners — even experienced traders rely on the right order type to manage risk and lock in profits. 🧠📈

Before you trade, choose the order type that fits your strategy and market conditions. Learn them, test them on Binance's Spot or Futures platforms, and trade smarter.

🟡 Knowledge is power in crypto. Use it to protect your capital and maximize your edge.$BNB