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1. Limit
It allows you to buy or sell coins at your preferred price.
Function: If you want to buy a coin at a price lower than the current price or sell it at a price higher than the current price, you use this order. It will only execute when the market reaches your specified price.
​2. Market
This is the easiest method for making an immediate trade.
Function: It is used to buy or sell instantly at the best available price in the market. It goes into effect as soon as you click.
​3. Stop Limit
This is primarily used to minimize risk. There is a 'Stop' price that activates the Limit Order.
Function: When the market price reaches your specified 'Stop' price, a 'Limit Order' will automatically be placed in the market.
​4. Stop Market
This is similar to the Stop Limit but works a bit faster.
Function: When the price reaches your specified 'Stop' price, it executes instantly as a 'Market Order.' That is, your buy or sell will be completed at the best market price at that moment.
​5. Trailing Stop
This is an excellent tool for maximizing profit.
Function: If the market price moves in your favor, the price of this order also moves with the market. However, when the market suddenly reverses by a specified percentage against you, it closes the trade.
​6. OCO (One Cancels the Other)
Here you can set two orders simultaneously.
Function: You can place both a 'Take Profit' and a 'Stop Loss' simultaneously. When one of these orders is completed, the other is automatically canceled.
​7. TWAP (Time Weighted Average Price)
This is generally used for large trade volumes.
Function: Through this order, a large trade is divided into smaller portions and executed automatically at specific time intervals so that it doesn't cause a major sudden impact on the market.
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