#OrderTypes101 Binance offers various order types to cater to different trading strategies and needs. Here are some common order types:

- *Market Order*: Executes immediately at the best available market price.

- *Limit Order*: Executes at a specified price set by the trader.

- *Stop-Limit Order*: Executes a limit order when a specified stop price is reached.

- *Stop-Market Order*: Executes a market order when a specified stop price is reached.

- *Take Profit Limit Order*: Closes a position at a specified price to lock in profits.

- *Iceberg Order*: Displays only a portion of the total order quantity to avoid influencing market prices.

These order types can help you manage risk, lock in profits, and execute trades according to your strategy.

Want to know more about a specific order type or trading strategy?