#订单类型解析 In cryptocurrency trading, the choice of order type directly affects execution efficiency and risk control. Market orders are suitable for quick execution but are susceptible to slippage, especially in low liquidity markets, which may incur higher costs. Limit orders allow precise price control but may not get filled, making them suitable for sideways market conditions. Stop-loss orders (including stop-limit orders) can automatically trigger liquidation to prevent significant losses, but one must be cautious of slippage risks during low liquidity. Iceberg orders are suitable for large transactions, hiding the true order volume to avoid market impact. Additionally, OCO orders (One-Cancels-the-Other) can set both take-profit and stop-loss simultaneously for automated trade management. High-frequency traders often use IOC (Immediate or Cancel) and FOK (Fill or Kill) orders to ensure quick execution or complete cancellation. A reasonable combination of order types can optimize trading strategies, balancing speed and cost.