Day 8 – Market Order vs Limit Order

📉 Two order types every trader must understand before buying crypto.

When trading on Binance, you mainly use Market Orders and Limit Orders.

🟢 Market Order

• Buys or sells instantly

• Executes at the current market price

• Best for quick trades

• No control over exact price

🔵 Limit Order

• You set your own price

• Order executes only when market reaches that price

• Better control and often lower fees

• Used by smart and patient traders

Example:

BTC price = $30,000

You place a limit buy at $29,500

Order fills only if price drops to your level

Which is better?

✅ Beginners → Market Order

✅ Smart traders → Limit Order

Key Takeaway:

👉 Market = instant | Limit = controlled & strategic

Save this post and learn to trade smart, not fast.

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