Limit order

Learn about Limit type trades

A type of order where you set a specific price at which you want to buy or sell a cryptocurrency.

What is Limit order? The order will only be executed if the market price reaches or goes beyond the price you set. It allows you to have more control over the price at which your trade is executed.

If you're a buyer, you set the maximum price you're willing to pay the "limit" price), and if you're a seller, you set the minimum price you're willing to accept. However, there's no guarantee that your order will be executed immediately, or at all, if the market doesn't reach your specified price.