#订单类型解析

In centralized exchanges (CEX) for cryptocurrencies, different order types apply to different trading strategies and market conditions. Understanding the mechanisms and risks of these orders is the foundation for developing a trading plan. Here is a detailed analysis of mainstream order types:

1. Basic Order Types

1. Limit Order

Definition: The user specifies the buy/sell price, and when the market price reaches that price, the order is executed automatically.

- Buy Limit Order: Set a buying price below the current market price (e.g., current BTC = $30,000, set to buy at $29,500), waiting for the price to drop to execute.

- Sell Limit Order: Set a selling price above the current market price (e.g., current ETH = $1,800, set to sell at $1,850), waiting for the price to rise to execute.