#OrderTypes101

Whether you are a beginner in the world of cryptocurrencies or a trading professional, understanding order types is essential to maximize your strategy! Here is a quick overview of the most common order types on #Binance:

Market Order – Buy/sell instantly at the best available price.

Limit Order – Set the desired price, and the order executes only when the market reaches it.

Stop-Limit Order – Combines stop and limit orders to control risk and entry/exit points.

OCO (One-Cancels-the-Other) – Places two orders; if one executes, the other automatically cancels.

Post-Only Order – Ensures that you only pay maker fees by placing orders that add liquidity.