#OrderTypes101 Master the Basics with Binance
New to trading? Let’s break down the 4 essential order types every trader should know:
1️⃣ Market Order – Buy/sell instantly at the best available price. Perfect for speed.
2️⃣ Limit Order – Set your preferred price. The order executes only when the market hits it.
3️⃣ Stop-Limit Order – Combine control & risk management. Great for setting exit/entry points.
4️⃣ OCO (One Cancels the Other) – Two orders, one outcome. When one fills, the other is canceled.