#OrderTypes101

Understanding order types is essential in crypto trading. A market order executes instantly at the current price, ideal for fast trades but may suffer slippage. A limit order lets you set a specific price to buy or sell, offering more control but may not be filled immediately. Stop orders (like stop-loss or stop-limit) help manage risk by automatically executing when a certain price is reached. These tools are vital for managing volatility and protecting capital. Using the right order type based on market conditions and goals is a key skill for both new and experienced traders in the crypto world.