In the field of cryptocurrency exchange, the so-called "Order Types" are precise instructions to buy or sell cryptocurrencies, aiding in the monitoring of operations.
Types:
• Market Order: Buy or sell immediately at the current market price. It is quick, but the price may vary slightly at the moment of execution.
• Limit Order: A specific price is set to buy or sell. The order will only be executed if the market reaches that price or better.
• Stop Order: Activated when the price reaches a certain level, to buy or sell and thus limit losses or secure profits.