#OrderTypes101 In cryptocurrency trading, different **order types** help traders execute buy or sell transactions efficiently. Here are the main types:
- **Market Order**: Executes immediately at the best available price.
- **Limit Order**: Sets a specific price at which you want to buy or sell.
- **Stop-Loss Order**: Automatically sells an asset when its price drops to a predetermined level to minimize losses.
- **Take-Profit Order**: Closes a trade when the price reaches a target profit level.
- **Trailing Stop Order**: Adjusts dynamically based on price movements to lock in profits while limiting losses.
Each order type serves a different strategy, whether you're aiming for quick execution or precise price control. You can explore more details