In crypto trading, understanding the types of orders is very important. A market order is the simplest type of order, where you buy or sell an asset at the current market price. It is quick and executed immediately, but it can be subject to slippage. A limit order allows you to set a specific buy or sell price. The order will only be executed if the market price reaches the price you specified, suitable for traders who do not want to pay more than a certain price. Next, there is a stop order, which is used to limit losses or secure profits. When the price reaches a certain level, the stop order will turn into a market order. Understanding when and how to use these types of orders will help you manage risk and improve efficiency in trading.