Limit Order vs Instant Order:
The two most common order types used by traders worldwide are Limit Order and Instant Order. Let us understand their pros and cons before diving into either. Shall we?
Traders are typically either buying an asset or selling it while investing in crypto assets. To aim at making their investment profitable, traders generally want to buy when the price is low and sell when the price is high, or they want to sell high first and buy low later. All of the order options are ultimately executed on a cryptocurrency exchange platform and the market price of an asset reflects the last traded price always.