#OrderTypes101

Crypto exchanges offer various order types to suit different trading strategies. **Market orders** buy or sell instantly at the best available price. **Limit orders** let you set a specific price to buy or sell, executing only when the market hits that price. **Stop-loss orders** automatically sell when a price drops to a set level, minimizing losses. **Take-profit orders** trigger a sale once a target profit price is reached. **Stop-limit orders** combine stop-loss and limit features for more control. Advanced platforms may offer **trailing stops** and **OCO (One Cancels the Other)** to automate and manage risk more effectively.