#OrderTypes101 Master the art of placing orders like a PRO
You've entered Binance but don't know what type of order to use? Here's a quick and easy explanation 👇
🚀 Market order: the fastest. It executes at the current price. Use it when you need to enter or exit without waiting.
🎯 Limit order: you choose the price. Ideal for buying low or selling high, but you need patience.
🛡 Stop-limit order: activates when a specific price is reached. It's your shield against unexpected losses.
⚡ OCO order: a smart strategy. Place two orders simultaneously, and if one is executed, the other disappears. Perfect for volatile scenarios.
Understanding them is the difference between reacting... or being proactive.