#OrderTypes101

Order Types 101 in Crypto Trading

Understanding order types is key to successful crypto trading. The most common order types include:

1. Market Order – Buys or sells instantly at the current market price. Fast but may face price slippage.

2. Limit Order – Sets a specific price to buy/sell. Only executes when the market hits that price.

3. Stop-Loss Order – Sells automatically when the price drops to a set level, helping minimize losses.

4. Take-Profit Order – Sells when the price reaches a target, locking in profits.

5. Stop-Limit Order – Combines stop-loss and limit; executes a limit order when a stop price is triggered.

Each type serves different strategies, balancing speed, control, and risk.