Project Nexus guide: Market orders vs limit orders 📊 The type of order you choose can cost you more than you think! That is one of the easiest mistakes beginners make. A market order means you buy immediately at the best available price. A limit order means you set the maximum price you are willing to pay and wait for the market to reach that price. Sounds simple, but the hidden cost is spread and Slippage: 💡 Spread is the gap between the highest bid and the lowest ask. 💡 Slippage is what happens when your final execution price moves away from what you expected, especially in fast or thin markets. That is why a market order in a volatile asset like $BTC can fill higher than the number you saw one second earlier. ➡️ When to use each of them: Use a market order when liquidity is deep, and execution speed matters more than a small price difference. Use a limit order when spreads are wider, volatility is high, or the asset is less liquid. A lot of people think trading costs come solely from fees, but often the higher cost is due to poor execution. ✍️ Have you ever bought something and instantly realized you paid more than expected?

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