#OrderTypes101

Understanding order types is key to mastering trading on Binance! 📊

**Market Order** executes instantly at the current market price, perfect for quick trades.

**Limit Order** lets you set a specific price to buy or sell, giving you control but no guarantee of execution.

**Stop-loss Orders** protect against losses by triggering a sale when the price drops to your set level.

**Take-profit Orders** lock in gains at a target price.

For advanced traders,

**OCO (One-Cancels-the-Other)** combines limit and stop orders for strategic exits. Explore these on Binance to trade smarter!