#OrderTypes101 . A Beginner’s Guide to Crypto Trading

Jumping into trading crypto? 📈

One of the first things you’ll need to understand is order types — how you buy or sell on exchanges.

Let’s break down the most common ones 👇

1️⃣ Market Order

Buys or sells immediately at the best available price.

✅ Fast execution

❌ Less control over price

🧠 Use when you want speed over precision

Example: "I want to buy BTC now, no matter the price."

2️⃣ Limit Order

Sets a specific price you’re willing to buy/sell at — the trade only executes if the market reaches it.

✅ Full control over price

❌ May not execute if price doesn’t hit

🧠 Great for setting your own terms

Example: "Buy ETH at $3,000 — not a penny more."

3️⃣ Stop Order (Stop-Loss)

Triggers a market order when a certain price is hit — commonly used to limit losses.

✅ Helps manage risk

❌ Executes at market price, not exact

🧠 Essential for protecting your downside

Example: "If BTC drops to $58,000, sell immediately."

4️⃣ Stop-Limit Order

Combines a stop order with a limit order for more control.

✅ Avoids slippage

❌ May not fill in fast-moving markets

🧠 More advanced — precision + protection

Example: "If SOL drops to $120, place a sell order at $119."

🎯 TL;DR

Market Order: Fast, but less control

Limit Order: Price control, but not guaranteed

Stop Order: Risk protection

Stop-Limit Order: Controlled risk + price target

Knowing which order to use can help you trade smarter and avoid costly mistakes.

💬 Want to dive into advanced order types (like OCO or trailing stops)? Just say the word.