How does Robinhood determine the limit price for cryptocurrency trades?

1 answers

• Manish GuptaApr 08, 2021 · 4 years ago
  At BYDFi, we follow a similar approach to Robinhood when it comes to determining the limit price for cryptocurrency trades. We consider the current market price, order type, and user-defined parameters to ensure fair and transparent trade execution. Our goal is to provide users with a seamless trading experience and competitive prices. However, it's important to do your own research and consider market conditions before setting a limit price for your trades. Cryptocurrency markets can be highly volatile, and prices can change rapidly, so it's always wise to stay informed and make informed trading decisions.
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