What are the best practices for guaranteeing that my limit order gets filled on Bitmex?

7 answers

• Nov 28, 2021 · 3 years ago
  To increase the chances of your limit order getting filled on Bitmex, it's important to set a competitive price. If you set a limit order too far away from the current market price, it may not get filled. Keep an eye on the order book and try to place your limit order close to the current market price. This will increase the likelihood of it getting filled.
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• Nov 28, 2021 · 3 years ago
  Another best practice is to consider the trading volume on Bitmex. Higher trading volume means more liquidity and a higher chance of your limit order getting filled. If the trading volume is low, it might be more difficult for your order to find a match. So, it's advisable to trade during periods of high trading volume.
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• Nov 28, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using market orders instead of limit orders to guarantee immediate execution. Market orders are executed at the current market price, ensuring that your order gets filled instantly. However, keep in mind that market orders may be subject to slippage, which means you might get a slightly different price than expected.
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• Nov 28, 2021 · 3 years ago
  When placing a limit order on Bitmex, it's also important to consider the order size. If your order size is too large, it may not get filled completely. It's advisable to break down large orders into smaller ones to increase the chances of getting filled. Additionally, you can use the 'Post-Only' option when placing a limit order, which ensures that your order will be added to the order book and not match with existing orders. This can help increase the chances of your limit order getting filled.
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• Nov 28, 2021 · 3 years ago
  To guarantee that your limit order gets filled on Bitmex, it's crucial to stay updated with the market conditions. Keep an eye on the price movements, news, and any significant events that may impact the market. By staying informed, you can adjust your limit order accordingly and increase the chances of it getting filled.
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• Nov 28, 2021 · 3 years ago
  Remember, there's no foolproof way to guarantee that your limit order will always get filled on Bitmex. Market conditions, trading volume, and other factors can influence the execution of your order. However, by following these best practices, you can improve the chances of your limit order getting filled.
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• Nov 28, 2021 · 3 years ago
  When it comes to guaranteeing that your limit order gets filled on Bitmex, it's important to be patient. Sometimes, it may take a while for your order to find a match, especially if the market is moving rapidly. Avoid canceling and re-placing your order frequently, as this can lead to unnecessary fees and may decrease the chances of your order getting filled.
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