How does ordre limite work in the context of cryptocurrency exchanges?

3 answers

• Handberg BoisenMay 12, 2022 · 4 years ago
  The order limit feature in cryptocurrency exchanges allows traders to set a specific price at which they want to buy or sell a particular cryptocurrency. When the market reaches the specified price, the exchange automatically executes the trade. This feature is useful for traders who want to enter or exit a position at a specific price level, regardless of market fluctuations. It helps to ensure that trades are executed at the desired price, reducing the risk of slippage. However, it's important to note that the execution of limit orders is subject to market liquidity. If there is not enough liquidity at the specified price, the order may not be filled immediately or at all.
  683

  342
• Santiago David RuizMar 01, 2025 · a year ago
  Order limit is a great tool for managing your trades on cryptocurrency exchanges. It allows you to set a specific price at which you want to buy or sell a cryptocurrency. This helps you to take advantage of price movements and execute trades at the desired price. For example, if you believe that the price of Bitcoin will drop to a certain level, you can set a sell limit order at that price. When the market reaches that price, your order will be executed automatically. This feature gives you more control over your trades and helps you to implement your trading strategies effectively.
  589

  197
• Lee JuneJul 17, 2024 · 2 years ago
  In the context of cryptocurrency exchanges, order limit works by allowing traders to set a specific price at which they want to buy or sell a cryptocurrency. When the market price reaches the specified price, the exchange executes the trade. This feature is commonly used by traders to enter or exit positions at specific price levels. It helps to minimize the impact of market fluctuations and ensures that trades are executed at desired prices. However, it's important to keep in mind that the execution of limit orders is dependent on market liquidity. If there is not enough liquidity at the specified price, the order may not be filled immediately or at all. Therefore, it's crucial to consider the liquidity of the market before placing limit orders.
  756

  189