There are 3 ways to make a trade with crypto-currencies:
- Limit Trade
Limit trading allows you to set the price that you want to buy or sell the token at and enables you to specify how many tokens you want. This method is a good way to automatically fill a buy or sell in the future, when the token price hits your target price.
- Market Trade
Some exchanges allow you to buy at market rate, which is the quickest way to buy in the market, if you want to purchase or sell a token quickly.
- Stop Limit
A stop limit allows you to automatically trigger an order at a set price or better. For example, if you automatically set a limit of $50, then you will automatically start buying up to the set limit, when the price is $50 or less and conversely, when you set a stop limit sell order.