#OrderTypes101

Binance offers several order types to suit different trading strategies. The Market Order executes instantly at the current market price, ideal for quick trades. A Limit Order lets you set a specific price to buy or sell; it executes only when the market reaches that price. Stop-Limit Orders combine a stop price and a limit price, providing more control in volatile markets. Stop Market Orders trigger a market order when the stop price is hit. Trailing Stop Orders adjust automatically with price movement, locking in profits. Each order type helps manage risk and optimize trades based on your strategy.