#订单类型解析 The types of orders in virtual currency trading mainly include the following:
Market Order
- Definition: An order executed immediately at the current market price, where the user does not specify a price but buys or sells at the best available price in the market.
- Characteristics: Fast transaction speed, ensuring quick execution of orders, but the execution price is uncertain and may vary due to market fluctuations.
Limit Order
- Definition: The user specifies a particular price for buying or selling, and the order will only be executed when the market price reaches or exceeds the specified price.
- Characteristics: Allows control over the transaction price and can be executed at the expected price, but the order may not be executed immediately and may need to wait for the market price to reach the set limit price.
