If you are trading the SOL/USDT pair, you need to understand the difference between order types before entering any trade!

A Market Order executes the trade immediately at the best available price, but it may give you slippage, especially during volatility. On the other hand, a Limit Order allows you to set the price at which you want to buy or sell, but it does not guarantee execution if the market does not reach the desired price.

There is also a Stop Order that is used to set a loss or to enter when certain levels are broken.

Understanding the type of order you use can be the difference between a successful trade and a painful loss, especially during fast-moving times!

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