{"id":901,"date":"2021-04-12T16:57:40","date_gmt":"2021-04-12T14:57:40","guid":{"rendered":"https:\/\/simplecryptoguide.com\/?page_id=901"},"modified":"2026-10-24T14:32:59","modified_gmt":"2026-10-24T12:32:59","slug":"exchange-order-types","status":"publish","type":"post","link":"https:\/\/simplecryptoguide.com\/es\/exchange-order-types\/","title":{"rendered":"Exchange Order Types"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; module_class=&#8221;scg-handbook scg-cornerstone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f4f6f7&#8243; custom_padding=&#8221;36px||36px||true|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row column_structure=&#8221;2_3,1_3&#8243; module_class=&#8221;scg-cornerstone-hero&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; width=&#8221;92%&#8221; max_width=&#8221;1100px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||20px||false|false&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<div style=\"font-size:14px\"><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav><\/div>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_font_size=&#8221;44px&#8221; header_line_height=&#8221;1.15em&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||20px||false|false&#8221; header_font_size_phone=&#8221;34px&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h1>Exchange Order Types Explained<\/h1>\n<p>A trade order sets the conditions under which you buy or sell. Understand market, limit and stop-limit orders, then follow a worked example showing what fills now and what remains open.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_image src=&#8221;https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2026\/10\/crypto-market-limit-orders.png&#8221; alt=&#8221;Market and limit orders on a cryptocurrency exchange&#8221; title_text=&#8221;Market and limit orders on a cryptocurrency exchange&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;260px&#8221; max_width_tablet=&#8221;&#8221; max_width_phone=&#8221;200px&#8221; max_width_last_edited=&#8221;on|phone&#8221; custom_margin=&#8221;0px|auto|0px|auto|true|true&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; module_class=&#8221;scg-handbook scg-cornerstone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; width=&#8221;92%&#8221; max_width=&#8221;1100px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; background_color=&#8221;#f4f6f7&#8243; custom_margin=&#8221;0px||20px||false|false&#8221; custom_padding=&#8221;24px|24px|24px|24px|true|true&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; border_radii=&#8221;on|12px|12px|12px|12px&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h3>Market order<\/h3>\n<p>Seeks immediate execution against available orders. The final price is not fixed and may span several price levels. Exchange protections or insufficient liquidity can prevent a complete fill.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; background_color=&#8221;#f4f6f7&#8243; custom_margin=&#8221;0px||20px||false|false&#8221; custom_padding=&#8221;24px|24px|24px|24px|true|true&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; border_radii=&#8221;on|12px|12px|12px|12px&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h3>Limit order<\/h3>\n<p>Sets a maximum buying price or minimum selling price. It controls the execution price, but does not guarantee that any or all of the order will fill.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; background_color=&#8221;#f4f6f7&#8243; custom_margin=&#8221;0px||20px||false|false&#8221; custom_padding=&#8221;24px|24px|24px|24px|true|true&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; border_radii=&#8221;on|12px|12px|12px|12px&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h3>Stop-limit order<\/h3>\n<p>Creates a limit order when a trigger condition is met. Triggering and filling are separate events; it is not a guaranteed exit or a guaranteed way to lock in profit.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; module_class=&#8221;scg-handbook scg-cornerstone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fff8d8&#8243; width=&#8221;92%&#8221; max_width=&#8221;1100px&#8221; custom_padding=&#8221;28px|28px|28px|28px|true|true&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;22px|20px|22px|20px|true|true&#8221; border_radii=&#8221;on|14px|14px|14px|14px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#e5d89e&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h2>Buy limit and sell limit work in opposite directions<\/h2>\n<table style=\"width:100%;border-collapse:collapse;font-variant-numeric:tabular-nums\">\n<caption style=\"text-align:left;font-weight:700;margin-bottom:14px\">The limit is a boundary, not a price prediction<\/caption>\n<thead>\n<tr>\n<th scope=\"col\" style=\"padding:12px 8px;text-align:left;border-bottom:2px solid #10202b\">Instruction<\/th>\n<th scope=\"col\" style=\"padding:12px 8px;text-align:left;border-bottom:2px solid #10202b\">Allowed execution<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">Buy limit at $1.02<\/td>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">$1.02 or lower<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">Sell limit at $1.02<\/td>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">$1.02 or higher<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>A buy limit above the best ask can fill immediately against available sellers. A sell limit below the best bid can do the same against buyers. A limit order is therefore not automatically a maker order. Fees depend on whether each fill adds or removes liquidity.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; module_class=&#8221;scg-handbook scg-cornerstone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; module_id=&#8221;limit-example&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fff8d8&#8243; width=&#8221;92%&#8221; max_width=&#8221;1100px&#8221; custom_padding=&#8221;28px|28px|28px|28px|true|true&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;22px|20px|22px|20px|true|true&#8221; border_radii=&#8221;on|14px|14px|14px|14px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#e5d89e&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h2>Worked example: 100 tokens, $1.02 buy limit<\/h2>\n<table style=\"width:100%;border-collapse:collapse;font-variant-numeric:tabular-nums\">\n<caption style=\"text-align:left;font-weight:700;margin-bottom:14px\">The same fictional order book used in our liquidity guide<\/caption>\n<thead>\n<tr>\n<th scope=\"col\" style=\"padding:12px 8px;text-align:left;border-bottom:2px solid #10202b\">Available asks<\/th>\n<th scope=\"col\" style=\"padding:12px 8px;text-align:left;border-bottom:2px solid #10202b\">Tokens filled<\/th>\n<th scope=\"col\" style=\"padding:12px 8px;text-align:left;border-bottom:2px solid #10202b\">Cost<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">30 at $1.00<\/td>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">30<\/td>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">$30.00<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">40 at $1.02<\/td>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">40<\/td>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">$40.80<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">30 at $1.05<\/td>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">0<\/td>\n<td style=\"padding:12px 8px;border-bottom:1px solid #ded9c4\">$0.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Result: 70 tokens fill for $70.80 before fees. The remaining 30 tokens do not buy at $1.05 because that exceeds your limit. With a normal good-till-cancelled order, they can remain open at $1.02, subject to the exchange\u2019s rules.<\/p>\n<p>If the full 100 tokens eventually fill, the trade cost cannot exceed $102 before fees. The unfilled amount may reserve funds while open. Cancelling releases the remaining commitment; it does not undo the 70 tokens already bought.<\/p>\n<p>Compare this with the <a href=\"https:\/\/simplecryptoguide.com\/bid-ask-spread-and-slippage-explained\/\">market-order calculation<\/a>: the same snapshot costs $102.30 for an immediate 100-token fill. One instruction prioritizes price; the other seeks execution.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; module_class=&#8221;scg-handbook scg-cornerstone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; width=&#8221;92%&#8221; max_width=&#8221;1100px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||20px||false|false&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h2>Before placing a limit order<\/h2>\n<ol>\n<li>Confirm the pair, account and direction: buying and selling reverse which asset you receive.<\/li>\n<li>Enter the price per token and token quantity. Check the total in the quote currency, minimum size and available balance.<\/li>\n<li>Review fees, time in force and any post-only setting.<\/li>\n<li>After submission, check the order status and individual fills. A price touching your limit does not guarantee a fill; other orders may be ahead of yours.<\/li>\n<li>Monitor or cancel the unfilled remainder if your intentions change.<\/li>\n<\/ol>\n<p>On <a href=\"https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Binance<\/a> and other exchanges, labels and controls vary. Use the current platform instructions. This is an affiliate link; we may earn a commission.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; module_class=&#8221;scg-handbook scg-cornerstone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; width=&#8221;92%&#8221; max_width=&#8221;1100px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; background_color=&#8221;#f4f6f7&#8243; custom_margin=&#8221;0px||20px||false|false&#8221; custom_padding=&#8221;24px|24px|24px|24px|true|true&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; border_radii=&#8221;on|12px|12px|12px|12px&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h3>How long can it stay open?<\/h3>\n<p>Good till cancelled (GTC) remains active until filled or cancelled, subject to venue rules. Immediate or cancel (IOC) takes any immediately available fill and cancels the remainder. Check which options your exchange supports.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; background_color=&#8221;#f4f6f7&#8243; custom_margin=&#8221;0px||20px||false|false&#8221; custom_padding=&#8221;24px|24px|24px|24px|true|true&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; border_radii=&#8221;on|12px|12px|12px|12px&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h3>What does post-only mean?<\/h3>\n<p>It prevents immediate taker execution. An order that would cross the book is usually rejected or cancelled, depending on the venue. It does not guarantee a later fill or a particular fee rate.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; module_class=&#8221;scg-handbook scg-cornerstone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fff8d8&#8243; width=&#8221;92%&#8221; max_width=&#8221;1100px&#8221; custom_padding=&#8221;28px|28px|28px|28px|true|true&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;22px|20px|22px|20px|true|true&#8221; border_radii=&#8221;on|14px|14px|14px|14px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#e5d89e&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h2>A stop can trigger without completing a sale<\/h2>\n<p>Suppose a fictional sell stop-limit uses a $0.95 trigger and a $0.94 limit. Once triggered, the sale must execute at $0.94 or higher. If available bids have already fallen to $0.90, the order may remain unfilled while the price keeps falling.<\/p>\n<p>Check whether the venue triggers on the last trade, mark price or another reference. A stop-market order has different execution rules and can suffer slippage. Neither is a promise of a maximum loss.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; module_class=&#8221;scg-handbook scg-cornerstone&#8221; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; width=&#8221;92%&#8221; max_width=&#8221;1100px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.27.6&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Inter||||||||&#8221; text_text_color=&#8221;#354554&#8243; text_font_size=&#8221;17px&#8221; text_line_height=&#8221;1.7em&#8221; header_font=&#8221;Inter|700|||||||&#8221; header_text_color=&#8221;#10202b&#8221; header_2_font=&#8221;Inter|700|||||||&#8221; header_2_text_color=&#8221;#10202b&#8221; header_2_font_size=&#8221;30px&#8221; header_3_font=&#8221;Inter|700|||||||&#8221; header_3_text_color=&#8221;#10202b&#8221; custom_margin=&#8221;0px||20px||false|false&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<\/p>\n<h2>Sources and further reading<\/h2>\n<p>Reviewed 24 October 2026. Examples are hypothetical and exclude fees unless stated. Platform features and supported networks can change.<\/p>\n<ul>\n<li><a href=\"https:\/\/help.coinbase.com\/en\/coinbase\/trading-and-funding\/advanced-trade\/order-types\" target=\"_blank\" rel=\"noopener\">Coinbase: market, limit and stop-limit instructions<\/a><\/li>\n<li><a href=\"https:\/\/help.coinbase.com\/en\/coinbase\/trading-and-funding\/advanced-trade\/order-management\" target=\"_blank\" rel=\"noopener\">Coinbase: partial fills and cancellations<\/a><\/li>\n<li><a href=\"https:\/\/www.coinbase.com\/legal\/trading_rules\" target=\"_blank\" rel=\"noopener\">Coinbase: matching and execution rules<\/a><\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn the differences between limit, market, and stop-limit orders in crypto trading. Discover how each order type works and when to use them for best results.<\/p>\n","protected":false},"author":1,"featured_media":3751,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[97],"tags":[123,122,124,125],"class_list":["post-901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-beginner","tag-limit-order","tag-market-order","tag-order-types","tag-stop-limit-order"],"_links":{"self":[{"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/posts\/901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/comments?post=901"}],"version-history":[{"count":1,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/posts\/901\/revisions"}],"predecessor-version":[{"id":18571,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/posts\/901\/revisions\/18571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/media\/3751"}],"wp:attachment":[{"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/media?parent=901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/categories?post=901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/simplecryptoguide.com\/es\/wp-json\/wp\/v2\/tags?post=901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}