What Are Market and Limit Orders? A Quick Guide for Crypto Traders

When trading cryptocurrencies, you’ll frequently encounter two fundamental order types: Market Order and Limit Order. Understanding how these work helps you trade more strategically and optimize your transaction costs.

So, what do these order types mean — and how can you use them effectively on KYRR.io?

Market Order: Instant Execution

A market order is used when you want to buy or sell an asset immediately at the best available price.

Key Features:

• The order is executed instantly.
• It’s filled at the current market price.
• Ideal for quick actions — such as during sharp price movements.

Why choose Market Order on KYRR.io?

Thanks to KYRR.io’s low-latency infrastructure and optimized execution engine, your market orders are completed swiftly and reliably. That means you can capture market opportunities without delay.

Limit Order: Set Your Own Price

A limit order lets you define the price at which you want to buy or sell.

Key Features:

• You choose your desired price level.


• The order executes only when the market reaches that price.


• Offers more control and strategic flexibility.

Using Limit Orders on KYRR.io:

• You can stay protected from market volatility by sticking to your price strategy.


• Manage your trading costs more effectively.


• With KYRR.io’s ultra-low fees — as low as 0.025% — limit orders become even more advantageous.

Market Order vs Limit Order: When to Use Which?

Whether you’re acting fast or waiting for the right price, KYRR.io’s user-friendly interface and advanced trading engine make both order types easy to use.

And with some of the lowest fees in the industry, you get the most value from your trades.

Create your KYRR.io account today and discover a smarter, lower-cost way to trade.