How do you choose between a limit order and a market order?
A stop-limit order requires you to enter a trigger price and a limit price. Once the market price reaches the trigger price, the system will place a limit order at the limit price.
A large market order may fill across several levels of the order book. As a result, the average execution price can differ from the price you saw when placing the order. This is called slippage.
When managing your position, one thing to keep in mind is that market orders can incur slippage during periods of sharp volatility. If you’re placing a large order, consider using limit orders and splitting it into several smaller orders.
$BTC 80830(-3.57%)
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A stop-limit order requires you to enter a trigger price and a limit price. Once the market price reaches the trigger price, the system will place a limit order at the limit price.
A large market order may fill across several levels of the order book. As a result, the average execution price can differ from the price you saw when placing the order. This is called slippage.
When managing your position, one thing to keep in mind is that market orders can incur slippage during periods of sharp volatility. If you’re placing a large order, consider using limit orders and splitting it into several smaller orders.
$BTC 80830(-3.57%)
#BTC