Why is my limit order not getting filled on Binance despite meeting the market price?

4 answers

• Dec 25, 2021 · 3 years ago
  There could be several reasons why your limit order on Binance is not getting filled despite meeting the market price. One possibility is that there is not enough liquidity in the market at that particular moment. Liquidity refers to the availability of buyers and sellers in the market. If there are not enough buyers or sellers willing to trade at the market price, your order may not get filled. Another reason could be that your order size is too large compared to the available liquidity. If your order is significantly larger than the average order size in the market, it may take longer to get filled or not get filled at all. Additionally, there could be technical issues or delays on the exchange's side that are preventing your order from getting filled. It's always a good idea to double-check your order details and contact Binance support for further assistance.
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• Dec 25, 2021 · 3 years ago
  Hey there! It can be frustrating when your limit order on Binance doesn't get filled even though it meets the market price. One possible reason for this is that the market price might have changed by the time your order reached the exchange. Cryptocurrency prices can be highly volatile, and even a slight delay in order execution can result in a different market price. Another reason could be that there are other limit orders ahead of yours in the order book. The order book is a list of all the buy and sell orders in the market, and if there are other orders at the same price or a higher price, they will be filled first. Lastly, it's worth noting that Binance, like any other exchange, operates based on supply and demand. If there are more sellers than buyers or vice versa, it can affect the speed at which your order gets filled.
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• Dec 25, 2021 · 3 years ago
  When placing a limit order on Binance, it's important to understand that the order book plays a significant role in determining whether your order gets filled or not. Despite meeting the market price, your order may not get filled if there are not enough buyers or sellers at that specific price level. This can happen due to various factors such as market volatility, low liquidity, or a sudden influx of orders. It's also possible that your order size is too large, causing it to exceed the available liquidity at the market price. In such cases, it's advisable to consider adjusting your order price or size to increase the chances of getting filled. If you have further concerns, you can reach out to Binance support for assistance.
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• Dec 25, 2021 · 3 years ago
  While I can't speak specifically for Binance, as I work for BYDFi, I can provide some general insights. When your limit order doesn't get filled on an exchange like Binance, despite meeting the market price, it could be due to a few reasons. Firstly, it's possible that the market is experiencing high volatility, causing rapid price changes. In such cases, your order may not get filled if the market price moves away from your limit price before it can be executed. Secondly, there might be a lack of liquidity in the market, meaning there aren't enough buyers or sellers at the market price to match your order. Lastly, technical issues or delays on the exchange's side can also prevent your order from getting filled. It's always a good idea to reach out to the exchange's support team for more information and assistance.
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