#OrderTypes101 Market Order: A market order is an instruction to buy or sell a cryptocurrency immediately at the available market price. This means that the trade is executed as quickly as possible, but it may not guarantee the most favorable price.

....Limit Order: A limit order is an instruction to buy or sell a cryptocurrency at a specific price. The trade will only take place if the price of the cryptocurrency reaches or exceeds the price defined in the order. This order is useful for traders who want to guarantee a specific price or wait for the price to reach a certain value.