#OrderTypes101 In the crypto world, there are several types of orders that traders use to buy or sell assets strategically. Here are the common ones.

Market order, executed immediately at the available market price. It is fast, but there may be price variations due to volatility.

Limit order, allows you to set a specific price to buy or sell. It will only execute if the market reaches that price, giving more control over the transaction cost.

Stop-Loss order, designed to limit losses, if the price of an asset falls to a certain level, the order is triggered and automatically sells to prevent further losses.

Take-profit order, works in the opposite direction of the Stop-Loss, a target price is set for selling and securing profits when the price rises.

Stop-limit order, a combination of Stop-Loss and limit order, it is triggered when the price reaches a defined threshold, but executes as a limit order, giving you more precision in buying or selling.

OCO order (One Cancels the Other), allows placing two orders simultaneously, one for buying and another for selling; if one executes, the other is automatically canceled.

Trailing stop order, automatically adjusts the stop-loss level according to the market price, protecting profits without overly limiting the asset's rise.

The use of these orders will depend on your trading strategy and risk tolerance level.