#OrderTypes101 On Binance, an "Order Type 101" typically refers to a basic introduction to order types used in trading. Binance offers several order types, including Market Orders, which execute immediately at the current price; Limit Orders, which execute at a specified price or better; and Stop-Limit Orders, which become active once a trigger price is reached. Advanced types like OCO (One Cancels the Other) allow more flexible trading strategies. Understanding these order types helps traders manage risk, optimize entry and exit points, and execute trades efficiently on Binance’s platform. Each type serves different needs depending on market strategy.