#OrderTypes101 In crypto trading, order types dictate how your trades execute. The most basic are Market Orders, which execute immediately at the best available current price. They guarantee execution but not a specific price, risking "slippage" in volatile markets.

Limit Orders offer price control. You set a specific price at which you want to buy (or sell), and the order only fills at that price or better. This guarantees your desired price but doesn't guarantee execution if the market never reaches your set limit.

Stop-Loss Orders are crucial for risk management. They become a market order when a specified "stop price" is reached, helping limit potential losses. A variation, the Stop-Limit Order, triggers a limit order instead of a market order once the stop price is hit, offering more price control but again, no guaranteed fill. Understanding these helps traders manage risk and execute strategies effectively.