πŸ“‰ Limit order to buy and sell cryptocurrencies at S-Trade

Written by S-Group
Updated 1 year ago

πŸš€ We are starting a series of introductory posts with S-Trade orders and we are already ready to tell you about the first one — Limit order. This is a type of order with which the trader specifies the minimum price to buy the cryptocurrency and the maximum price to sell. 

πŸ“Ά For example, if the price of BNB is $300 and the trader wants to buy BNB for $250, he can set a limit order to buy BNB at $250. If the price of BNB in the market drops to $250, the order will be triggered automatically and BNB will be bought at $250 or less.

⏺ The same way the order works in the case of selling. If a trader owns BNB and wants to sell the asset for $400, he can set a limit order to sell BNB at $400. If the value of the asset reaches this level, the order will trigger automatically and the BNB will be sold at $400 or more.

A limit order allows traders to control the price at which they buy or sell the cryptocurrency and protects them from losses ⚑️

▢️ Watch video tutorials on how to use Limit order on S-Trade and see for yourself its convenience.
https://t.me/STradeExchange/215
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