limit order

Understanding order types on cryptocurrency exchanges

In this article, we’ll cover the most common order types used on cryptocurrency exchanges and how to use them to your advantage. Market Order A market order is the most basic type of order and is used to execute a trade immediately at the current market price. When a trader places a market order, the order is filled at the best available price on the exchange. Market orders are useful… Read More »Understanding order types on cryptocurrency exchanges

Using stop-loss orders to minimize losses

In this article, we’ll take a closer look at what stop-loss orders are, how they work, and how you can use them to minimize your losses when trading cryptocurrencies. What is a stop-loss order? A stop-loss order is an order placed with a broker or exchange to sell a cryptocurrency at a predetermined price. The purpose of a stop-loss order is to limit the potential loss on a trade. If… Read More »Using stop-loss orders to minimize losses

Understanding order books and market depth

This article aims to provide an in-depth understanding of what order books and market depth are, how they work, and how to interpret them. What is an Order Book? An order book is a record of all buy and sell orders that have been placed on a trading platform. It displays the current bids and asks for a particular cryptocurrency or asset, along with their corresponding prices and volumes. In… Read More »Understanding order books and market depth