Trading · 4 min read
Limit vs market orders
The two order types you need. Choose the right one for the trade you're making.
Market orders
A market order executes immediately at the best available price in the orderbook. Great for small orders on liquid pairs. Can cause slippage on illiquid pairs or large sizes.
Limit orders
A limit order rests on the book until someone matches it at your price. Great for large orders, precise entries, and when you're not in a hurry.
Limit-order fills earn you the maker fee rebate. Market orders pay the taker fee.
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