What does purchase adjustment mean in the context of cryptocurrency trading?

3 answers

• Jeevan . VJun 10, 2022 · 3 years ago
  Purchase adjustment in cryptocurrency trading refers to the process of modifying the price or quantity of a purchase order to match the current market conditions. It is a common practice to ensure fair and efficient trading. When you place a purchase order, the exchange may adjust the price or quantity based on factors such as market volatility, liquidity, or order book depth. This adjustment helps prevent price manipulation and ensures that your order is executed at a fair price. It is important to understand that purchase adjustment can result in a different execution price or quantity than what you initially requested. So, it's always a good idea to review your order details before confirming the trade.
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• Șandor Jozsa RobertJun 05, 2024 · a year ago
  Purchase adjustment is like a reality check for your purchase order in cryptocurrency trading. It's the exchange's way of making sure that your order is in line with the current market conditions. The adjustment can be made to the price or quantity of your order, depending on various factors. For example, if the market is highly volatile, the exchange may adjust the price to reflect the current market price more accurately. Similarly, if there is low liquidity, the exchange may adjust the quantity to ensure that your order can be executed. So, don't be surprised if you see a slight change in the price or quantity of your purchase order. It's just the exchange doing its job to ensure fair and efficient trading.
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• Akash M.VMay 06, 2023 · 2 years ago
  Purchase adjustment is a common practice in cryptocurrency trading to ensure fair and efficient trading. When you place a purchase order, the exchange may adjust the price or quantity based on market conditions. This adjustment helps prevent price manipulation and ensures that your order is executed at a fair price. For example, if the market is highly volatile, the exchange may adjust the price to reflect the current market price more accurately. Similarly, if there is low liquidity, the exchange may adjust the quantity to ensure that your order can be executed. It's important to note that purchase adjustment can result in a different execution price or quantity than what you initially requested. So, it's always a good idea to review your order details before confirming the trade. As a reputable cryptocurrency exchange, BYDFi also follows this practice to ensure fair and transparent trading for its users.
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