#OrderTypes101
A limit order lets you buy or sell crypto at a specific price — no more, no less. It’s a favorite tool for traders who want control over their entries and exits. Say you want to buy $ETH at $3,200 but it’s currently $3,300 — you can set a limit order and wait. If the market hits your price, the order executes automatically.
The upside? You avoid slippage and emotional FOMO entries. The downside? If price never touches your target, you miss the trade. Limit orders are best used when you have a strategy and patience on your side.
They’re precision tools in a volatile world — use them wisely.