#OrderTypes101 **#Ordertypes101 in Crypto: Today’s Update**
In the fast-evolving crypto market, understanding order types is crucial for effective trading. **Limit orders** allow setting buy/sell prices, ensuring control over execution. **Market orders** execute instantly at current prices but may suffer slippage. **Stop-loss orders** mitigate risks by triggering sales if prices drop below a set level. **Take-profit orders** lock in gains at target prices. Advanced options like **OCO (One-Cancels-the-Other)** combine stop-loss and take-profit for balanced strategies. With decentralized exchanges (DEXs) gaining traction, **TWAP (Time-Weighted Average Price)** orders are trending for minimizing market impact. Stay informed to optimize your crypto trades! #TradingTips #Crypto2023