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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

Avoid SLIPPAGE in crypto trading

Slippage in trading refers to the difference between the expected price of a trade and the price at which the trade is actually executed. Slippage can occur when a market is highly volatile and prices are changing rapidly, or when a large order is placed and the market cannot immediately absorb the trade. In crypto trading, slippage can have a significant impact on a trader’s bottom line. When prices are… Read More »Avoid SLIPPAGE in crypto trading