When placing an order on Azura — whether on the Spot page or Swap — you choose between two order types: Market and Trigger.
Market orders
A market order executes immediately at the best available price.
Use when: you want to enter or exit a position right now
Trade-off: you accept the current price, including any price impact from your trade size
Slippage tolerance (set in Trading Settings) protects against excessive price movement between submission and execution
Trigger orders
A trigger order only executes when a condition you define is met.
Use when: you want to buy on a dip, sell at a target, or automate an entry/exit
Set a trigger condition: when price reaches X, or when market cap reaches Y
The order sits in the ORDERS tab until the condition is hit
Available on both the Spot trading page and the Swap page
Which should you use?
Market — best for immediate execution when timing is everything (e.g., new launch, fast-moving token)
Trigger — best for planned entries/exits, avoiding FOMO, or trading while you sleep
Trigger orders and TP/SL
Take Profit and Stop Loss (TP/SL) are a specialized form of trigger orders. They auto-create sell triggers when you open a position. See the dedicated TP/SL article for details.