What it is
Limit orders give more price control than market orders. The trade may not fill if the market never reaches the selected price.
Why it matters
Limit orders can reduce unwanted slippage and may qualify as maker orders depending on how they enter the order book.
Related pages
Read about maker / taker fees and compare crypto exchanges.
How to use this term
Use Limit order as a practical checkpoint when comparing exchanges, wallets, cards or on-chain tools.
What to check
Check how the term appears in fees, limits, account rules, wallet flows and risk notes before making a platform decision.