#OrderTypes101 In crypto trading, understanding order types is essential for effective strategy and risk management. The most basic is the market order, which executes immediately at the current market price. A limit order allows you to buy or sell at a specific price or better, giving you more control but no guarantee of execution. Stop orders trigger when the market hits a certain price—useful for automating entry or exit points. A stop-loss order limits potential losses, while a take-profit order secures gains. Trailing stops adjust dynamically as the price moves, helping to capture profit while limiting downside. Choosing the right order type helps traders navigate volatility and optimize their performance in fast-moving crypto markets.
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