What are market orders and limit orders?

A market order is an instruction to buy or sell a token immediately at the current market price. It's executed quickly but doesn't guarantee a specific price. This type of order is suitable when speed is more critical than price.

Limit Orders:

A limit order is an instruction to buy or sell a token at a specific price or better. You set the maximum price youโ€™re willing to pay, or the minimum price youโ€™re willing to accept. The trade will only execute if the market price reaches your set limit.