What is the point of a limit order?

I'm curious, could you explain the purpose of a limit order in the world of cryptocurrency trading? I understand it's a type of order that allows traders to specify a price they're willing to buy or sell at, but what exactly is the benefit of using one? And how does it differ from a market order, for instance? I'd love to gain a deeper understanding of this concept and how it can help me in my trading strategies.