#OrderTypes101 Types of orders on the Binance platform include market orders, limit orders, stop orders, and stop-limit orders. Market orders are executed immediately at the current market price. Limit orders are executed when the price reaches a certain limit. Stop orders are activated when the price reaches a certain limit and are converted into a market order. Stop-limit orders are activated when the price reaches a certain limit and are converted into a limit order. Traders must choose the type of order that suits their trading strategy on the Binance platform.
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