Can you explain the difference between a market order and a limit order in the world of digital assets?

1 answers

• Jan 20, 2022 · 3 years ago
  At BYDFi, we believe in providing our users with the best trading experience. When it comes to market orders and limit orders, it's important to understand the differences. A market order is great for when you want to buy or sell an asset quickly, without worrying too much about the exact price. On the other hand, a limit order allows you to set a specific price at which you want to buy or sell an asset. This gives you more control over the execution price, but it may take longer for your order to be filled. Both types of orders have their own advantages and disadvantages, so it's important to consider your trading goals and strategy before choosing which one to use.
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