Today I discovered that not all buy or sell orders are the same. As a beginner on Binance, I only used the market order because it was the quickest and simplest. But then I learned that there are other types like the limit order, which allows you to set a specific price, and the stop-limit order, which is used to reduce losses. I find it very useful, especially if you aren't watching the market all day. Now I try to use limit orders to avoid buying at a higher price. I still find it hard to understand the stop-limit, but I'm on my way. What is your favorite order type?
