#TradingPairs101

Trading on the Binance platform offers a variety of order types that cater to both novice and professional traders. Understanding these types of orders is crucial for risk management and maximizing profits. Market orders are executed immediately at the current price, making them ideal for quick entries and exits. Limit orders allow you to set a desired price, giving you greater control over your trades. Stop-limit orders and stop-market orders help protect profits or reduce losses during price fluctuations. Binance also offers advanced features such as (one cancels the other), providing traders with greater flexibility. Mastering these tools is essential for trading smart, not just harder. Know your strategy, know your tools. #orderTypes101