What is the difference between a market sell order and a limit sell order for digital assets?
SIDESH S AI-DSApr 30, 2022 · 3 years ago1 answers
Can you explain the distinction between a market sell order and a limit sell order when it comes to trading digital assets? What are the main differences in terms of execution and pricing?
1 answers
- Apr 30, 2022 · 3 years agoAt BYDFi, we recommend using limit sell orders for digital asset trading. This allows you to have more control over the selling price and reduces the risk of selling at unfavorable prices. However, it's important to note that market conditions can change rapidly, so it's always a good idea to stay updated and adjust your orders accordingly.
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