In crypto exchanges, different types of orders let traders control how and when to buy or sell. A market order buys or sells immediately at the current price—fast but not always precise. A limit order lets you set your own price, and it only executes if the market reaches that level. A stop-loss order sells automatically when the price drops to your chosen limit, helping manage risk. A take-profit order does the opposite—it sells when the price goes up to a target. A stop-limit order combines both stop and limit—useful for more control. Some platforms also offer trailing stops, which follow price movements. Choosing the right order type helps you trade smarter, depending on your strategy and risk level.
