📘 Types of Purchase Orders in Cryptocurrencies
(Market & Limit) – In Beginner's Language
When you decide to buy a cryptocurrency on Binance, you will encounter two basic types of purchase orders:
🔹 Market Order:
Means buying immediately at the best available price in the market.
✔ Fast
✔ Suitable for beginners
❌ You do not control the price precisely
🔹 Limit Order:
You specify the price at which you want to buy, and it will not execute unless the market reaches that price.
✔ Full control over the price
✔ Suitable for learning and planning
⏳ Requires patience
✨ The Golden Rule:
Start with Market to learn, then gradually move to Limit to become more professional.
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