Blockchain · 6 min read

Limit Order vs Market Order (Crypto)

**Market orders** fill immediately at available liquidity—pay spread and slippage. **Limit orders** set max buy/min sell—may not fill but control price.

Step by step

1. Size vs depth

Large market orders move price on thin books.

2. Fee tier

Many venues charge lower maker (limit) fees.

3. Urgency

Market for must-fill; limit for patient entries.

Limit vs market

Professionals mix both; beginners often overuse market on volatile pairs.

  • Market: Certain fill; slippage risk.
  • Limit: Price control; miss moves.

Common mistakes

  • Market buying illiquid altcoins
  • Limit too far from mid during trends

FAQ

What is post-only?

Limit that only adds liquidity—often lowest fees.