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FAQ article

How Do Pluang's Crypto Order Types Compare?

Pluang offers four PRO Mode order types — Market, Limit, Stop, and Stop-Limit — each trading off execution certainty against price control differently.


Order TypeActivatesExecutes AtBest For
Market OrderImmediatelyBest available market priceSpeed
Limit OrderImmediately (stays pending)Your set price or betterPrice control
Stop OrderWhen stop price is reachedBest available market priceAutomatic reaction, no price cap
Stop-Limit OrderWhen stop price is reachedYour set limit price or betterAutomatic reaction with a price cap

Related questions:

Q: Which order type guarantees execution?
Market Order and (once triggered) Stop Order — but not a guaranteed price.

Q: Which order type guarantees price?
Limit Order and (once triggered) Stop-Limit Order — but not guaranteed execution.