Are there any restrictions on the size of a limit on close order for cryptocurrencies?

3 answers

• Apr 30, 2022 · 3 years ago
  When it comes to the size of a limit on close order for cryptocurrencies, there are generally no specific restrictions imposed by most exchanges. However, it is important to consider the liquidity of the market and the available order book depth. If the order size is too large, it may result in slippage or difficulty in executing the order at the desired price. It is advisable to check the order book and market conditions before placing a large limit on close order to ensure smooth execution.
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• Apr 30, 2022 · 3 years ago
  No, there are no fixed restrictions on the size of a limit on close order for cryptocurrencies. The size of the order depends on the liquidity of the market and the available order book depth. It is recommended to consider the trading volume and depth of the market before placing a large order to avoid any potential issues with execution.
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• Apr 30, 2022 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, there are no specific restrictions on the size of a limit on close order for cryptocurrencies. However, it is important to note that the execution of large orders may be subject to market conditions and liquidity. It is always a good practice to check the order book and market depth before placing a large order to ensure smooth execution.
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