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The trade will only be result in lower fees because your order will remain unfilled.
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Buy cryptocurrency at the limit price | TIP : You can use trading pairs to avoid using stops although this only works if one coin goes down or up relative to another. However, there is no guarantee that your orders will be filled. Then the exchange will match you with an open order in the order book. You can set a stop buy or stop sell. When triggered, a stop-loss order turns into a market order and executes at the current market price. This material should not be construed as financial, legal or other professional advice. |
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How to Buy More Crypto and Pay Less Fees on CoinbaseThe limit price is the price at which you want a limit order to be fulfilled or better. A limit order buy can only be executed at the limit price or lower. A limit order is a buy or sell order that executes at the minimum price you set or better. Limit orders also feature enhanced order options like expiration and execution instructions. For a buy limit order. A �LIMIT� order allows you to set your own price to buy or sell. If the market reaches your limit price, your order will be executed.
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