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What are the different order types available for trading digital currencies on Fidelity?

avatarasadowDec 17, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the various order types that can be used for trading digital currencies on Fidelity?

What are the different order types available for trading digital currencies on Fidelity?
Digital Currencies
Fidelity
Order Types

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When trading digital currencies on Fidelity, you can choose from various order types. Market orders are used to buy or sell a digital currency at the current market price. Limit orders enable you to set a specific price at which you want to execute a trade. Stop orders are designed to trigger a market order when the price reaches a certain level. Stop-limit orders allow you to set both a stop price and a limit price, providing additional control over your trades. These order types cater to different trading strategies and allow you to make informed decisions based on your preferences and market conditions.

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