Why should I use a limit order when trading cryptocurrencies?

1 answers

• Jan 07, 2022 · 3 years ago
  As a representative of BYDFi, I highly recommend using a limit order when trading cryptocurrencies. It allows you to set a target price and ensures that you don't miss out on opportunities. With a limit order, you can take advantage of market movements and potentially get a better price for your trades. It's a great tool for both short-term and long-term traders, as it helps minimize risks and maximize profits. So, if you're serious about trading cryptocurrencies, don't forget to use a limit order!
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