#OrderTypes101 – Binance Crypto

1. Market Order ⚡

Buy/Sell instantly at the best available price.

✅ Fast execution

❌ No control over price

2. Limit Order 🎯

Set your own price to buy/sell.

✅ Control over price

❌ May take time or not execute

3. Stop-Limit Order 🛑📉

Two prices: stop price triggers the order, limit price sets the execution price.

✅ Helps limit losses or lock profits

❌ Not guaranteed if price skips

4. Stop Market Order 🚨

Like stop-limit but executes as a market order once stop price is hit.

✅ Fast execution after trigger

❌ No price control after trigger

5. OCO Order (One Cancels the Other) 🔁

Place a limit sell and a stop-limit sell at the same time.

✅ Good for profit booking + stop loss

❌ Only one of them executes

6. Trailing Stop Order 🐾

Follows price movement by a set percentage.

✅ Locks profit as price rises

❌ Needs careful % setting

7. Post Only 📨 (Limit Order Only)

Ensures your order only goes to the order book (maker only).

✅ Avoid taker fees

❌ Order will be cancelled if it would execute immediately

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