When trading digital assets, which statements about market orders and limit orders are true? Please select all that apply.

2 answers

• Daren SelzerDec 17, 2022 · 3 years ago
  Market orders and limit orders are both commonly used in digital asset trading. Market orders are executed immediately at the current market price, while limit orders allow traders to set a specific price at which they want to buy or sell. It's important to understand the differences between these order types and choose the one that aligns with your trading goals and risk tolerance.
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• noyonJan 28, 2021 · 4 years ago
  Market orders and limit orders are two common types of orders used in digital asset trading. Market orders are executed at the current market price, while limit orders allow traders to set a specific price at which they want to buy or sell. Market orders provide fast execution but may result in slippage, while limit orders offer more control over the execution price but may not be filled immediately. Both order types have their advantages and disadvantages, so it's important to understand how they work and choose the one that best suits your trading needs.
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