#OrderTypes101
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In the third topic of our in-depth explanation of the fundamentals of cryptocurrency trading, let's talk about #OrderTypes101 .
Order types determine how and when your trade is executed. Each type of order has a different purpose and can help you manage risk and improve your trading strategy. Whether it's a market order for speed or a limit order for better price control, the right tool depends on your trade settings.
💬 Your posts could include:
· How do market orders, limit orders, stop-loss, and take-profit work?
· When and how do you use each type of order?
· Share your favorite type of order and why.
· Share a real trade where using the right (or wrong) type of order made a significant difference.
👉 Create a post with the number #OrderTypes101 and share your insights to earn Binance points! (Click on the "+" icon on the app's home page and tap "Task Center")