💹 Understanding Trading Operations on Binance: What Should a Beginner Know?

Binance offers a wide range of trading operations, but it is not easy to grasp everything at once. The main tools for getting started are spot trading, where you buy or sell cryptocurrency directly, as well as limit and market orders. A limit order allows you to set your desired buying/selling price, while a market order is executed instantly at the current rate.

For advanced users, stop-limit and OCO orders are available, which help manage risks and profits. In addition, Binance supports futures trading, margin operations, as well as automated strategies such as Grid bots or DCA.

Understanding different types of orders is the foundation of safe and thoughtful trading. Before investing funds, it is important to know exactly what you are activating. Don't rush — the market isn't going anywhere.