How does Kucoin limit orders work?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! When you place a limit order on Kucoin, you set the price at which you want to buy or sell a specific cryptocurrency. The order will only be executed if the market price reaches your specified price. This allows you to have more control over your trades and potentially get a better price than the current market price. Keep in mind that there is no guarantee that your limit order will be executed, as it depends on market conditions.
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• Dec 17, 2021 · 3 years ago
  Limit orders on Kucoin work by allowing users to set their desired buying or selling price for a specific cryptocurrency. This means that you don't have to constantly monitor the market and manually execute trades. Instead, you can set your desired price and let the system automatically execute the trade for you when the market reaches that price. It's a convenient feature that helps traders take advantage of price fluctuations without having to be actively involved in the trading process.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, also offers limit orders. With BYDFi's limit orders, users can set their desired buying or selling price for a specific cryptocurrency. This feature allows traders to take advantage of market opportunities and potentially maximize their profits. It's a great tool for those who want to have more control over their trades and make informed decisions based on their desired price levels.
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