#OrderTypes101
Market Order vs Limit Order: What’s the Difference?
Understanding how to buy and sell crypto efficiently starts with mastering order types. Today, let’s break down the difference between a Market Order and a Limit Order – two of the most common tools traders use.
A Market Order executes instantly at the best available price. It’s fast, simple, and perfect for when timing matters more than price. But beware: in highly volatile markets, you might not get the price you expected.
A Limit Order, on the other hand, lets you set the price at which you’re willing to buy or sell. The trade only executes if the market reaches your set price. This gives you more control, but it may take longer – or may not execute at all.
🔍 Key Tip: New traders often use market orders to enter quickly, but experienced traders rely on limit orders for precision.
👉 Which order type do you use most? Have you ever missed a good entry by waiting too long with a limit order? Share your experience below!
