To give our users a wide range of options when trading we support the following order types.
A limit order is an order to buy or sell coins at a specific price or better. Buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. A limit order is not guaranteed to execute. A limit order can only be filled if the coin's market price reaches the limit price. While limit orders do not guarantee execution, they help ensure that an investor does not pay more than a predetermined price for a coin.
A market order is an order to buy or sell coins immediately. This type of order guarantees that the order will be executed as long as there is liquidity, but does not guarantee the execution price. If there is not enough liquidity to fully execute the order, the market order will be converted into a limit order.
A stop limit is a conditional order that places a limit order at a given price when a specified stop price is reached.
A stop loss is a conditional order that executes a market order when the specified stop price is reached.