#OrderTypes101
Bitcoin (BTC) can be traded using various order types on exchanges. The most common is a market order, which buys or sells instantly at the best available price. A limit order allows traders to set a specific price, executing only when that price is reached. Stop orders trigger a market order once a set price is hit, often used to limit losses. Stop-limit orders combine both stop and limit features for more control. Trailing stops adjust dynamically with market movements. Each order type serves different strategies, helping traders manage risk, control execution price, and take advantage of market opportunities.