On the Cryptohopper Exchange there are 3 different order types:
What are Market orders?
A market order is an order that executes instantly at the current market price. Market orders can't be cancelled since they are filled immediately. Market orders may be partially filled at several prices.
Important
Market orders are always taker orders because your order is being executed immediately.
Market orders execute at the current available price, which may differ from the price you see when placing the order.
What are Limit orders?
A limit order lets you control your price when buying or selling. For buying, you set the highest price you're willing to pay, and the order only executes at that price or lower. For selling, you set the lowest price you'll accept, and the order only executes at that price or higher.
What are Stop Limit orders?
A stop-limit order combines two price points: a trigger price that activates your order, and a limit price that sets your maximum buy or minimum sell price. Once the asset hits your trigger price, it automatically places your limit order. This helps you lock in gains, cap losses, or enter new positions at your preferred price levels.