In order to trade on Binance, you will need to understand what an order is and how it works. An order is simply an instruction to buy or sell a security at a specified price or better.

When you place an order with Binance, you are authorizing the exchange to trade your coins or tokens at the price you have specified.

If you are placing a buy order, you are instructing Binance to buy the security at the specified price or lower. If the market price of the security is lower than your specified price, your order will be filled at the market price.

If the market price of the security is higher than your specified price, your order will remain open until it is filled at your specified price or until you cancel it.

If you are placing a sell order, you are instructing Binance to sell the security at the specified price or higher. If the market price of the security is higher than your specified price, your order will be filled at the market price.

If the market price of the security is lower than your specified price, your order will remain open until it is filled at your specified price or until you cancel it.

When you place an order with Binance, you can choose to have it filled immediately or placed on the order book. If you choose to have it filled immediately, your order will be matched with another user’s order and executed at their prices.

If you choose to place your order on the book, it will remain there until another user comes along and matches your prices.

Now that we’ve gone over what an order is and how it works, let’s take a look at what in order means on Binance. In order simply means that your order is currently being processed by our system and has not been matched with another user’s order yet.

Yourorderwill stay inorderuntil it is matched with another user’s order and executed.

If you have any further questions, please feel free to reach out to our customer support team.