What is the default order for trading cryptocurrencies on Binance?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure! When you place a market order on Binance, it will be filled at the best available price on the order book. This means that if you're buying, your order will be filled at the lowest price someone is willing to sell at, and if you're selling, your order will be filled at the highest price someone is willing to buy at. The default order type on Binance is a market order, so you don't need to specify a price when placing a trade.
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• Dec 16, 2021 · 3 years ago
  The default order for trading cryptocurrencies on Binance is a market order. This means that your order will be filled at the current market price. If you're buying, your order will be filled at the lowest price someone is willing to sell at, and if you're selling, your order will be filled at the highest price someone is willing to buy at. Market orders are convenient because they execute quickly, but keep in mind that the price you get may not always be exactly what you see on the screen due to market fluctuations.
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• Dec 16, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on Binance, the default order type is a market order. This means that your order will be filled at the best available price on the order book. Binance is a popular cryptocurrency exchange known for its fast execution and liquidity. If you're looking for more advanced order types, such as limit orders or stop orders, you can use the Binance trading platform or try out other exchanges like BYDFi, which offers a wide range of trading options.
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