#OrderTypes101

Hello, Binance community..

When you come to trade on platforms, especially Binance, you will find several types of trading orders, each with its own use. The most famous is the Market Order, which you use if you want to execute the trade immediately at the best available price in the market. There is also the Limit Order, where you specify the price at which you want to buy or sell, and the trade will not be executed until the market reaches that price. As for the Stop-Limit Order, it is useful if you want to protect your profits or minimize losses, as it only executes the trade when the price reaches a certain point. Understanding these types of orders helps you manage your trades intelligently and reduce risks in trading.