Crypto Basics | What's the difference between limit and market orders?
A stop-limit order requires a trigger price and an order price. Once the market price reaches the trigger price, the system places a limit order at the specified order price.
A market order trades price certainty for immediate execution. A limit order is the opposite: you control the price, but the order may not be filled.
By the way: $BTC is quoted at 82,800, up 2.18% over 24 hours.
Markets always hold surprises, so decide in advance what you'll do if you're wrong.
#BTC
The data comes from public sources. Be sure to verify it yourself.
A stop-limit order requires a trigger price and an order price. Once the market price reaches the trigger price, the system places a limit order at the specified order price.
A market order trades price certainty for immediate execution. A limit order is the opposite: you control the price, but the order may not be filled.
By the way: $BTC is quoted at 82,800, up 2.18% over 24 hours.
Markets always hold surprises, so decide in advance what you'll do if you're wrong.
#BTC
The data comes from public sources. Be sure to verify it yourself.