📢 OK #OrderTypes101 on Binance — but why? 🤔
✅ It’s all about the types of orders traders use when buying or selling crypto. Yes, it directly relates to how users place orders during a trade! 🛒 whether it is $XRP , $BNB or any other Coin pairs $ETH
Many new users 🚀 jump into trading without fully understanding what these order types mean. That’s why Binance is running this trending tag — to help educate everyone. 🎓
👉 So, what are order types?
Market Order ⚡ — Buy/sell immediately at the current market price.
Limit Order 🎯 — Buy/sell at a specific price you set.
Stop-Limit Order 🚦 — Buy/sell when the price hits a trigger point.
OCO Order (One Cancels the Other) 🔄 — Advanced combo of limit & stop-limit.
🧐 Many users DO NOT know all of these, yet they still trade! Often they rely only on Market Orders (fast but risky). That’s why Binance is buzzing about #OrderTypes101 — to help traders be smarter and safer. 🛡️
So, is it worth learning? 💯 YES!
Better order types = better trading decisions = better profits 📈.
Now YOU know — go trade smarter! 🚀✨