How does a limit price work when selling digital assets?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure! When you place a limit sell order for digital assets, you set a specific price at which you want to sell. If the market price reaches or exceeds your limit price, your order will be executed. If the market price never reaches your limit price, your order will remain open until it is either canceled or the market price reaches your specified limit price.
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• Dec 16, 2021 · 3 years ago
  A limit price is a way to control the price at which you sell your digital assets. It allows you to set a minimum price at which you are willing to sell, ensuring that you don't sell for less than what you consider acceptable. This can be useful when you want to sell at a specific price point or if you believe the market price will increase in the future.
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• Dec 16, 2021 · 3 years ago
  When you place a limit sell order, you are essentially saying, 'I want to sell my digital assets at this price or higher.' If the market price reaches your limit price, your order will be executed. If the market price doesn't reach your limit price, your order will remain open until it is either canceled or the market price reaches your specified limit price. It's important to note that there is no guarantee that your order will be executed, as it depends on market conditions and the availability of buyers at your specified price.
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