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.
Common mistake
Do not treat Limit order in crypto as a universal rule. Exchanges, wallets and card apps may use the same term differently, especially around limits, fees, networks and account restrictions.
User action
Before relying on this term, check the provider's official help page, fee schedule or product terms. If funds are involved, test with a small amount first and keep a record of the transaction or setting.
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.