An instruction to sell a specified amount of a cryptocurrency at a specific price or at the best available price.
A sell order in the context of cryptocurrency trading is an instruction to sell a specified quantity of a cryptocurrency at a specified price or better. When a sell order is placed, the transaction is completed once a buyer is willing to pay the specified price or higher for the asset. A sell order is the opposite of a buy order, which is an instruction to purchase an asset. There are different types of sell orders such as limit orders (selling at a specified price or higher) and market orders (selling at the best available price)
For instance, if a trader places a sell order for 1 BTC at $10,000, the order will be completed once a buyer is willing to pay at least $10,000 for 1 BTC.