Michele
Tue Sep 10 2024
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6 answers
1046
What is a fixed-fee bid?
Excuse me, could you please clarify what exactly is meant by a "fixed-fee bid" in the context of cryptocurrency and finance? I'm curious to understand how it differs from other types of bidding or fee structures, and what are the potential advantages or drawbacks of using a fixed-fee bid in a transaction or investment scenario. Thank you for your time and expertise in this matter.
Sara
Sun Aug 25 2024
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5 answers
1237
How does bidding work on Binance?
Could you please explain in simple terms how the bidding process works on Binance? I'm particularly interested in understanding how buyers and sellers come together to set prices for cryptocurrency transactions on the platform. How does the order book function, and how do market and limit orders fit into this process? Additionally, I'd like to know if there are any specific rules or guidelines that users should follow when placing bids on Binance.
