How can I purchase cryptocurrencies at a limit or market price?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! To purchase cryptocurrencies at a limit price, you need to set a specific price at which you want to buy. This means that your order will only be executed if the market price reaches or falls below your specified limit price. This can be useful if you want to buy at a certain price and are willing to wait for the market to reach that level. On the other hand, buying at a market price means that your order will be executed immediately at the current market price. This is useful if you want to buy quickly without waiting for a specific price level.
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• Dec 27, 2021 · 3 years ago
  Buying cryptocurrencies at a limit or market price depends on the exchange you are using. Most exchanges provide options to place limit or market orders. When placing a limit order, you specify the price at which you want to buy, and the exchange will execute your order if the market price reaches or falls below that level. When placing a market order, you simply specify the amount you want to buy, and the exchange will execute your order immediately at the best available market price. Make sure to check the order types and instructions provided by your chosen exchange.
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• Dec 27, 2021 · 3 years ago
  If you're using BYDFi, purchasing cryptocurrencies at a limit or market price is easy. Simply log into your BYDFi account, navigate to the trading platform, and select the cryptocurrency you want to buy. From there, you can choose between placing a limit order or a market order. For a limit order, specify the price at which you want to buy, and for a market order, simply enter the amount you want to buy. BYDFi will execute your order accordingly. Remember to review the fees and terms associated with your order before confirming it.
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