For example, you can set a buy order for Bitcoin (say at that time worth $40,000) if the price drops to $35,535. A limit order enables you to set a trade order at a price of your choice (higher than the current price for selling and lower for buying).This is because there is a gap between selling and buying order prices, and you are, in effect, jumping the queue and trading at the best immediate offer) A market order allows you to buy or sell instantly at the current price (note that you’ll either buy a slightly higher price or sell at a slightly lower price.Binance offers a few different types of spot trading options, such as market, limit, stop-limit, and OCO. The easiest way to trade is by executing spot trades at real-time prices.
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