Is there a way to improve the likelihood of my limit order being filled on Bitmex?
Blessed EmedetAug 11, 2022 · 3 years ago3 answers
I am using Bitmex to place limit orders for cryptocurrency trading, but I often find that my orders are not getting filled. Is there any strategy or technique that I can use to increase the chances of my limit orders being filled on Bitmex?
3 answers
- sandhyaspksDec 09, 2021 · 4 years agoOne way to improve the likelihood of your limit order being filled on Bitmex is to set a more competitive price. If your limit order is too far away from the current market price, it may not get filled. Consider adjusting your limit price closer to the market price to increase the chances of it being executed.
- Na Rak sakhornboraklong1249May 24, 2022 · 3 years agoAnother strategy to improve the likelihood of your limit order being filled on Bitmex is to use a smaller order size. If your order size is too large, it may not find enough liquidity to get filled. By reducing the size of your order, you increase the chances of it being matched with available buy or sell orders.
- ThabisoJul 01, 2022 · 3 years agoAt BYDFi, we recommend using advanced order types like iceberg orders or fill-or-kill orders to improve the chances of your limit order being filled on Bitmex. These order types allow you to break up your order into smaller pieces or set specific conditions for execution, increasing the likelihood of getting filled.
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