Can I set a specific price for my cryptocurrency when using a limit order to sell?

3 answers

• sayali LavateDec 29, 2021 · 4 years ago
  Yes, when using a limit order to sell your cryptocurrency, you can set a specific price for the sale. This allows you to specify the minimum price at which you are willing to sell your cryptocurrency. When the market price reaches or exceeds your specified price, the limit order will be executed and your cryptocurrency will be sold at the set price. It's important to note that if the market price does not reach your specified price, the limit order may not be executed and your cryptocurrency will remain unsold.
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• Three 1 BBGOct 14, 2023 · 2 years ago
  Absolutely! With a limit order, you have the ability to set a specific price for your cryptocurrency when selling. This gives you more control over the selling process and allows you to determine the exact price at which you want to sell. It's a great way to ensure that you don't sell your cryptocurrency for less than what you're comfortable with. Just make sure to set a realistic price that aligns with the current market conditions to increase the chances of your order being executed.
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• Oleg SmolnikovJan 19, 2024 · 2 years ago
  Yes, you can set a specific price for your cryptocurrency when using a limit order to sell. This feature is available on most cryptocurrency exchanges and allows you to specify the price at which you want to sell your cryptocurrency. When the market price reaches or exceeds your specified price, the exchange will automatically execute your order and sell your cryptocurrency at the set price. It's important to note that if the market price does not reach your specified price, your order may not be executed and you may need to adjust your price accordingly.
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