What is OCO in Binance Spot Trading?

OCO means One Cancels the Other.

In Binance Spot, an OCO order lets you place two orders at the same time:

1️⃣ A Take-Profit order
2️⃣ A Stop-Loss order

When one order is executed, the other is automatically cancelled.

Why traders use OCO?

✅ Manage risk automatically
✅ Lock profits without watching charts all day
✅ Avoid emotional decisions
✅ Useful for volatile markets

Simple example

You buy a coin at $100

• Take-Profit: sell at $110
• Stop-Loss: sell at $95

If price hits $110 → profit order executes, stop-loss cancels
If price drops to $95 → stop-loss executes, take-profit cancels

You stay protected either way.

When to use OCO

• After entering a spot trade
• During high volatility
• When you can’t monitor the market
• For disciplined trading plans

OCO is not a strategy — it’s a risk-management tool.
Good traders survive by managing risk, not chasing pumps.