Limit Order vs Stop-Loss Order

Quick comparison to help you distinguish these two crypto terms.

Limit Order
beginner
market_structure

A limit order is an instruction to buy or sell a cryptocurrency at a specified price or better, entering the order book and waiting until the market reaches that price.

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Stop-Loss Order
beginner
risk

A stop-loss order is a conditional instruction to sell a cryptocurrency automatically when its price falls to a specified trigger level, limiting the maximum loss on an open position.

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