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What is the minimum amount of cryptocurrency I can sell using a limit order?

avatarH.asewDec 25, 2021 · 3 years ago3 answers

I want to know the minimum amount of cryptocurrency that I can sell using a limit order. Can someone please explain?

What is the minimum amount of cryptocurrency I can sell using a limit order?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to selling cryptocurrency using a limit order, the minimum amount can vary depending on the exchange you are using. Some exchanges may have a minimum order size requirement, which means you need to sell at least a certain amount of cryptocurrency to place a limit order. This requirement is usually in place to prevent small trades that could potentially clog up the order book. It's best to check the specific exchange's trading rules or contact their customer support to find out the minimum amount for limit orders.
  • avatarDec 25, 2021 · 3 years ago
    The minimum amount of cryptocurrency you can sell using a limit order depends on the exchange you are using. Different exchanges have different requirements, so it's important to do your research and find out the specific rules of the exchange you are trading on. Some exchanges may have a minimum order size, while others may not. It's always a good idea to check the exchange's website or reach out to their customer support for more information.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to selling cryptocurrency using a limit order, the minimum amount can vary depending on the exchange. For example, on BYDFi, the minimum amount for a limit order is 0.001 BTC. However, it's important to note that this minimum amount can change, so it's always a good idea to check the latest trading rules on the exchange's website. If you have any further questions, feel free to ask!