#OrderTypes101 Types of Orders on Binance:

On Binance, traders can use different orders to optimize their operations:

1. **Market Order**: Immediate execution at the current price.

2. **Limit Order**: Buy/sell at a specific price.

3. **Stop-Loss**: Closes the position if the price falls to a certain level.

4. **Take-Profit**: Secures profits when reaching a target price.

5. **Stop-Limit**: Combines Stop-Loss and Limit Order for greater control.

6. **Trailing Stop**: Adjusts the Stop-Loss according to market trends.

7. **OCO (One Cancels the Other)**: Executes one order and automatically cancels the other.

These tools help manage risks and maximize profits in cryptocurrency trading. Master them to trade strategically! 🚀