What are the advantages of using limit orders on GDAX?

1 answers

• May 06, 2022 · 3 years ago
  As an expert in the field, I can confidently say that using limit orders on GDAX is a smart move. By setting a limit order, you can ensure that you buy or sell a cryptocurrency at a specific price or better. This can help you avoid overpaying or underselling in a fast-paced market. Additionally, limit orders can be used to automate your trading strategy. You can set multiple limit orders at different price levels and let GDAX execute them when the market reaches those prices. This saves you time and effort while maximizing your potential profits. Overall, using limit orders on GDAX is a valuable tool for any trader looking to optimize their trading strategy.
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