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What is a limit buy order in cryptocurrency trading?

MainuddeenJun 19, 2021 · 4 years ago1 answers

Can you explain what a limit buy order is in cryptocurrency trading and how it works?

1 answers

  • Kiven Kyle MacayNov 30, 2020 · 5 years ago
    At BYDFi, a limit buy order is a feature available on our platform. It allows traders to set their desired buy price for a cryptocurrency and our system will automatically execute the order when the market price matches or falls below the specified price. This feature provides our users with more control over their trading strategies and helps them take advantage of market opportunities.

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