#OrderTypes101 :

**#OrderTypes101 Your guide to understanding trading orders on #Binance! 🚀**

Learn about the basic types of orders for better control over your trades:

### ❶ **Market Order**

- **Feature**: Immediate execution at the current price.

- **When to use?** When you want to enter/exit immediately.

- **Warning**: Avoid during high volatility!

→ Example: Buy #BTC at the market price now.

### ❷ **Limit Order**

- **Feature**: Set a specific price for buying/selling.

- **When to use?** To take advantage of support/resistance levels.

→ Example: Buy #ETH at 3,500$ or lower.

### ❸ **Stop Order**

- **Feature**: Converts to a market order when a specific price is exceeded.

- **When to use?** To stop losses or enter on a trend break.

→ Example: Sell #SOL if it drops ≤ 150$ (stop loss).

### ❹ **OCO Order (One-Cancels-the-Other)**

- **Feature**: Link two orders (Limit + Stop) – executing one cancels the other!

- **When to use?** For hedging during volatility.

→ Example: Buy #BNB at 600$ **or** cancel the trade if it drops ≤ $590.

### 💡 **Golden Tip**:

- Use **Limit Orders** to avoid price slippage.

- Try **OCO Orders** on #Binance (the safest for upward trends!).