Questions tagged [limit order]

Valentina Tue Oct 22 2024 | 7 answers 1701

I'm trying to understand the concept of a limit order on SpookySwap. Could someone explain what it is and how it works in the context of this platform?

SejongWisdomKeeper Sat Oct 12 2024 | 5 answers 1431

A limit order on Okcoin is a type of order where traders specify the price at which they want to buy or sell a particular cryptocurrency. This order will only be executed if the market price reaches or crosses the specified limit price. Okcoin, being a reliable crypto exchange, offers this order type to facilitate precise and controlled trading by its users.

CherryBlossomKiss Thu Oct 03 2024 | 5 answers 845

Hello there, I'm curious about how to set up a stop-loss limit order for my cryptocurrency investments. Could you please explain the process in detail? I'm not very familiar with the technicalities of trading, so a simple and clear explanation would be much appreciated. Also, what are the benefits of using a stop-loss limit order, and how does it differ from a regular stop-loss order? Thanks in advance for your help!

Giulia Wed Oct 02 2024 | 0 answers 0

Could you please explain what a limit order on Deribit entails? As a cryptocurrency trader, I'm keen to understand how this order type functions on the platform. Specifically, how does it differ from other order types? And what are the benefits or drawbacks of using limit orders on Deribit for executing trades?

CryptoWanderer Tue Oct 01 2024 | 7 answers 1220

I'm curious to understand, what exactly triggers a limit order in the world of cryptocurrency trading? Do traders set a specific price threshold that, once reached, automatically executes the trade? Or is there a more intricate mechanism behind it? Can you walk me through the process, step by step, and explain what elements come into play that lead to the triggering of a limit order?