#OrderTypes101 in Binance | Trade with Precision 🎯

Not sure which order to choose on Binance? 🤔

Here’s your beginner’s guide to crypto order types — simplified! 👇

🔹 Market Order

🟢 Buy/Sell immediately at the current market price.

⚡ Fast, but no control over the exact price.

✅ Great for: Quick entries or exits.

🔹 Limit Order

📌 Set your desired price — the order executes only when the market hits it.

🎯 Control your price, but no guarantee it will fill.

✅ Great for: Planned trades and better entry points.

🔹 Stop-Limit Order

🛑 Trigger a limit order when the price hits a stop level.

🔐 Used to protect profits or minimize losses.

✅ Great for: Setting up a safety net.

🔹 Stop-Market Order

🚨 Similar to stop-limit, but executes at market price once triggered.

✅ Great for: Emergency exits.

🔹 OCO (One Cancels the Other)

📊 Place a stop-limit and a limit-sell at the same time — whichever executes first cancels the other.

✅ Great for: Automating take-profit & stop-loss.

⚠️ Trading Smart Tip:

Learn how each order works before using them — especially in volatile markets!