📘 #OrderTypes101 – Mastering Binance Like a Pro!

Trading on Binance? 🤔 Don't just click buttons—understand what they do!

Here's a quick guide to the most common order types you’ll see on Binance:

1️⃣ Market Order

💡 “Buy/Sell NOW at the best available price.”

Fast execution

Great for urgency

Not price-controlled

✅ Use when: Price doesn’t matter as much, speed does.

2️⃣ Limit Order

💡 “Set your own price & wait for the market to meet it.”

You control the price

May not execute instantly

✅ Use when: You want a specific entry/exit point.

3️⃣ Stop-Limit Order

💡 “A trigger + a price = safer trades.”

Set a stop price to trigger the order

Set a limit price to execute it

✅ Use when: Protecting profits or limiting losses

4️⃣ OCO Order (One Cancels the Other)

💡 “Two orders in one. When one executes, the other cancels.”

Combine stop-limit + limit order

Automates exit strategy

✅ Use when: You want to sell at a profit OR cut loss

5️⃣ Trailing Stop Order (in Futures)

💡 “Follows the market, locks in gains.”

Moves with market trends

Secures profits automatically

✅ Use when: Riding the trend but want safety

🚀 Pro Tip:

Understanding order types = smarter trades + less risk 💹

Try different order types on Binance Spot, Futures, or Margin to see what suits your strategy best.

#Binance #cryptotrading #tradingtips ##BinanceBeginner

$BTC

$ETH

$FDUSD