You've done your research. You've looked at the charts. You're ready to buy. But wait, do you click "Market" or "Limit"?
This single decision can determine whether you get a great entry or get eaten by slippage.
The "Market" Rush
A Market Order is like jumping into a moving taxi. You get in immediately, but the meter is already running, and you might pay a premium for the convenience. Use this when the price is skyrocketing and you just need to be on the rocket.
The "Limit" Patience
A Limit Order is like booking a flight in advance. You set your price. If the market agrees, you get a deal. If not, you don't fly. This is the tool of the patient trader who wants to buy at support levels, not at the top of a green candle.
About Cwallet
Successful trading requires the right environment. Cwallet offers a robust platform for executing both Market and Limit orders across a wide range of cryptocurrencies. With built-in tools for analysis and portfolio tracking, Cwallet helps you make every trade count.
Check out the full guide to Order Types here: https://learn.cwallet.com/market-or-limit-order-how-to-choose-in-crypto-trading/