Limit Orders and Market Order Types Explained | What is it?
Limit Orders and Market Order Types Explained - Video Guide 🎥
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If you’ve ever wondered what the difference is between limit orders and market orders, this video breaks everything down in a simple and clear way so you can finally understand how these order types work. We’ll talk about what a market order is, how it executes instantly at the best available price, and why traders use it when speed matters. Then we’ll explain what a limit order is, how you can set your own desired price, and why it’s often the better choice when you want more control and lower fees and more!
00:00 – Intro
00:24 – Market orders explained
00:50 – Limit orders explained
01:19 – TP/SL (take-profit & stop-loss)
01:56 – OCO orders explained
02:25 – Summary of all order types
02:38 – About MEXC fees & no-KYC advantage
02:55 – Final