#OrderTypes101 What is Order Type 101? Let’s break it down.
If you’ve ever opened a crypto trading app and felt overwhelmed by all the buy/sell options—market, limit, stop-limit—you’re not alone. Order Type 101 simply means learning the basic types of orders used to buy or sell crypto (or any asset).
Think of it like choosing how you want your trade to happen:
Market Order: "Buy or sell now" at the current market price.
Limit Order: "I’ll wait for my price." You set your ideal price, and the order only happens if the market hits it.
Stop-Limit Order: More advanced. It's used to trigger a limit order when a certain price is reached—great for protecting profits or limiting losses.
Understanding these gives you more control over your trades and helps you avoid rookie mistakes.
Start here. This is your Order Type 101. 👇