#CryptoFees101 1. Market Orders:
Market orders are the simplest types of orders and require the investor to buy or sell securities as quickly as possible at the best available price.
Market orders are not guaranteed to be executed at the preferred price, but they are guaranteed to be executed quickly.
Market orders are often used when an investor wants to quickly buy or sell a security.
2. Limit Orders:
Limit orders require the investor to buy or sell a security at a specific price or better.
If the price does not reach the specified price or better, the order will not be executed.
Limit orders are used when an investor wants to set a specific price for the execution of the order.
3. Stop Orders:
Stop orders are orders that require the investor to buy or sell a security when the price reaches a certain level, referred to as the "Stop Price."
Upon reaching the Stop Price, the order becomes a market order.
Stop orders are often used for risk management.