When looking at $1000CHEEMS, let's talk not only about the numbers themselves, but also how to read them.
On Binance Spot, from 14:20 to 15:20 on 11/01 (Beijing time), the price fell 0.24% over the hour. Trading volume was 4,472.08 USDT, 1.58 times that of the previous hour. The interval's closing price was 0.000411 USDT.
What do market orders and limit orders each control? Market orders generally prioritize execution at available quotes; the final price depends on the actual matching process. Limit orders set the acceptable execution price, but may not execute immediately after being placed, and may only be partially filled. A price limit and a completed trade are not the same thing. Whether a particular order is accepted and how it is executed also depends on the rules of the trading venue and order type.
When reviewing an order's result, check the order price, executed quantity, and remaining quantity separately. Don't mistake “order placed” for “order completed.”
#1000CHEEMS #CryptoChatter
On Binance Spot, from 14:20 to 15:20 on 11/01 (Beijing time), the price fell 0.24% over the hour. Trading volume was 4,472.08 USDT, 1.58 times that of the previous hour. The interval's closing price was 0.000411 USDT.
What do market orders and limit orders each control? Market orders generally prioritize execution at available quotes; the final price depends on the actual matching process. Limit orders set the acceptable execution price, but may not execute immediately after being placed, and may only be partially filled. A price limit and a completed trade are not the same thing. Whether a particular order is accepted and how it is executed also depends on the rules of the trading venue and order type.
When reviewing an order's result, check the order price, executed quantity, and remaining quantity separately. Don't mistake “order placed” for “order completed.”
#1000CHEEMS #CryptoChatter