#OrderTypes101 On Binance, there are several order types to help traders manage their strategies efficiently:

1. Limit Order: This order lets you buy or sell at a specific price or better. It's ideal when you want to control the price at which you execute the trade. However, it may not fill immediately if the market doesn't reach your set price.

2. Market Order: A market order buys or sells at the best available price in the market. It's fast and guarantees execution, but the price can vary depending on market fluctuations.