#OrderTypes101

On DEXs you only have the option to swap your cryptos, but on CEXs you have a range of orders that allow you to take positions while remaining in the market 24/7.

Here are some orders you should know.

✅ Market order: this is an order that executes immediately at the best market price.

✅ Limit order: this is a buy or sell order at a specified price or better. The execution of limit orders is not guaranteed.

✅ Stop limit order: a buy and sell order for a crypto once the price reaches a specific value.

Here are the orders you can use when trading.