#CryptoFees101 The types of orders shape how you execute your cryptocurrency transactions. A market order buys/sells immediately at the current price, ideal for quick trades in liquid markets like BTC. A limit order sets a specific price, perfect for buying when the price drops or selling when a target is reached, for example, buying ETH at 3,000 USD. A stop-loss order limits losses by selling at a set price, such as capping a decrease at 10%. A take-profit order protects profits, for example, selling ADA at 2.50 USD. I prefer limit orders to control prices. Once, I bought SOL at 150 USD with a limit order and set a take-profit at 180 USD, ensuring a profit. Use market orders for speed, limit orders for precision, and stop-loss orders for safety. Share your favorite order type!
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