Asked: What's the difference between limit orders and market orders?
My answer: With a limit order, you first set a price. A buy order will only be filled at that price or lower, while a sell order will only be filled at that price or higher. Limit orders resting in the order book until they’re filled provide liquidity to the market, while market orders that execute immediately take liquidity away. The fees may also differ.
$BTC 75868.92(+0.19%)
In what situations did you figure this out?
#BTC
My answer: With a limit order, you first set a price. A buy order will only be filled at that price or lower, while a sell order will only be filled at that price or higher. Limit orders resting in the order book until they’re filled provide liquidity to the market, while market orders that execute immediately take liquidity away. The fees may also differ.
$BTC 75868.92(+0.19%)
In what situations did you figure this out?
#BTC
