#OrderTypes101 Limit Order 101

A limit order gives you control over the price you pay or receive. You set the exact price you want to buy or sell a crypto asset for—and the order only executes if the market reaches that level. This means no surprises, just precision. It’s perfect for traders who want to avoid chasing the market or paying more than intended. However, there's no guarantee the trade will execute if the price doesn’t hit your target. Smart traders use limit orders to buy dips or sell at resistance, maximizing value while minimizing risk. Strategy and patience are key.