What are order types?

The cryptocurrency market can be volatile, making it essential to secure the best buy and sell prices To help you take advantage of favourable price movements we offer 3 types of market orders:

• Market order - the simplest and fastest option on Change allowing you to buy or sell an asset instantly at the best available price
• Limit order - enables you to set a specific price at which you want to buy or sell Your order will execute at this price or better lower for buys and higher for sells depending on market conditions
• Stop order - designed to limit potential losses by automatically selling an asset once it reaches a predetermined price often called a "stop loss" This helps protect your investment during market downturns and positions you to maximise returns when re-entering the market

If you have any further questions please contact our support team via the app or email us at support@changeinvest.com.