#CEXvsDEX101 If you are new to the world of trading, understanding the types of orders is the first step to managing your transactions smartly and achieving your goals. Here are the main types of orders:

🔹 Market Order

Buy or sell immediately at the best available price. Quick execution but you may not always get the exact price you want.

🔹 Limit Order

You set a specific price to buy or sell. The order will only be executed if the market reaches that price or better. Ideal for locking in profits or buying at a low price.

🔹 Stop Order

Turns into a market order as soon as the price reaches a certain level (stop price). Used to limit losses or enter trades during price breakouts.