#OrderTypes101 types and crypto orders just like traditional stock exchanges, there are different ways to place buy and sell orders for cryptocurrencies, and it is key to understand how each one works.

Market Order: These are standard crypto operations.

Instant Order: Instant orders are quite interchangeable with market orders.

Limit Order: These allow you to place an order to buy or sell at a specific price.

Stop-Loss and Stop-Limit Orders: These are orders that activate once a specific price is reached, known as the Stop price; therefore, if you placed a Stop order to buy bitcoin at 20,000, once that price is reached, the order becomes a market order to buy bitcoin.