: If the market never reaches your price, the order remains "open" on the exchange’s order book until you cancel it or it expires. Common Strategies
A is a specific instruction to an exchange to purchase Bitcoin only at a predetermined price or lower. Unlike a market order, which executes immediately at the current price, a limit order provides total control over your entry point, ensuring you do not overpay. How It Works
: The order only executes if the market price falls to your specified limit.
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: If the market never reaches your price, the order remains "open" on the exchange’s order book until you cancel it or it expires. Common Strategies
A is a specific instruction to an exchange to purchase Bitcoin only at a predetermined price or lower. Unlike a market order, which executes immediately at the current price, a limit order provides total control over your entry point, ensuring you do not overpay. How It Works
: The order only executes if the market price falls to your specified limit.