Exclusive Traders Guide: 7 Types Of Orders In Cryptocurrency Exchanges
If you are a Crypto Trader looking to enhance your trading skill, then this blog is exclusively for you Market Orde r Market Order is the instruction to buy/sell assets instantly in the market value . Limit order Limit order is the instruction given to the exchange to wait for some time until the described value hits. A limit order is always closed by market order Stop - Loss Order Stop - Loss order is designed entirely to protect traders from significant losses. It is a kind of limit order, one can predefine the price of an asset but it will not be added in the order book Stop - Limit Order Stop - Limit Order is the same as the stop loss order but you can define stop price as well as limit price. It lets you set a limit between the range of values. One Cancels the Order (OCO) It is the kind of tool where one can combine two orders and a trader can execute one among them which is most favourable for the market. then the other order cancelled a...