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How can I place an order with a limit price during this time?

avatarAvanthika RajDec 27, 2021 · 3 years ago1 answers

I'm new to trading cryptocurrencies and I want to know how to place an order with a limit price during this time. Can someone guide me through the process step by step? I want to make sure I'm getting the best possible price for my trade.

How can I place an order with a limit price during this time?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Placing an order with a limit price during this time is a straightforward process. Here's how you can do it: 1. Open your trading platform or exchange account. 2. Look for the trading pair you want to trade. For example, if you want to buy Ethereum with Bitcoin, find the ETH/BTC trading pair. 3. Select the 'Limit' order type. 4. Enter the price at which you want to buy or sell the cryptocurrency. 5. Specify the quantity of the cryptocurrency you want to buy or sell. 6. Double-check your order details and click 'Place Order' to submit your limit order. Please note that your limit order will only be executed if the market price reaches your specified limit price. If the market price doesn't reach your limit price, your order may remain open until it is filled or canceled. If you have any further questions, feel free to ask!