#OrderTypes101

Understanding Crypto Order Types: Market vs Limit

When trading crypto, knowing your order types is key. A market order buys or sells immediately at the best available price — perfect for speed but may cause slippage in volatile markets. A limit order, on the other hand, lets you set your desired price. The trade only executes when the market reaches it, giving you control but no guarantee it fills.

For example, trading $BTC /USDT: a market buy fills instantly, while a limit buy at $104,000 only executes if $BTC drops to that level. Smart traders mix both depending on urgency, risk, and market movement.