Ever wondered how different types of orders work in crypto trading? Understanding order types is key to navigating volatile markets. A market order executes instantly at the best available price — ideal for speed, but not price precision. A limit order lets you set the price you want, offering control but no guarantee it’ll fill. Then there’s the stop-loss order, a great tool to limit potential losses by triggering a market order when the asset hits a set price. Smart traders use a mix of these to manage risk and strategy. Know your tools before diving in.
