bitcoinea

There’s a difference between Market and Limit Orders.

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Market Orders are buy/sell orders executed at the best available price. Say you want to execute a market order for Bitcoin right now, this very minute.

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Depending on where you execute said order, and depending on whether you’re selling or buying, the order will be executed at roughly $36,580, which is Bitcoin market price at the time of writing.

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By contrast, Limit Orders are executed the price you set. If, for example, you set a buy order for Bitcoin at $35,000, the order will be executed when the Bitcoin price hits $35,000.

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And the same applies to sell orders.

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This article was crossposted on Publish0x.