📎 Crypto basics | Limit orders and market orders
· What: If the price of a limit order isn't reached, the order remains in the order book waiting to be filled, and may also be partially filled.
· Why: Limit orders resting in the order book waiting to be filled add liquidity to the market, while market orders that execute immediately take liquidity away. Fees often differ.
· Note: Before submitting, check the price, quantity, and buy/sell direction. Adding an extra zero or choosing the wrong direction is a common mistake.
$BTC 75923.01（+0.36%）
#BTC
· What: If the price of a limit order isn't reached, the order remains in the order book waiting to be filled, and may also be partially filled.
· Why: Limit orders resting in the order book waiting to be filled add liquidity to the market, while market orders that execute immediately take liquidity away. Fees often differ.
· Note: Before submitting, check the price, quantity, and buy/sell direction. Adding an extra zero or choosing the wrong direction is a common mistake.
$BTC 75923.01（+0.36%）
#BTC