Cryptocurrency Q&A
What is a limit order on QuickSwap?
What is a limit order on QuickSwap?
SolitudeEcho
Sun Aug 11 2024
|
6 answers
1924
Could you elaborate on what a limit order is when it comes to trading on QuickSwap? I'm curious about how it differs from other types of orders and what advantages it may offer traders. Additionally, is there a specific process for placing a limit order on QuickSwap, and are there any fees associated with it? I'd appreciate a clear and concise explanation of the concept.
6 answers
Riccardo
Mon Aug 12 2024
The dLIMIT protocol, fueled by Orbs, facilitates the seamless execution of limit orders within a decentralized framework. This innovative approach not only preserves the benefits of decentralized trading but also introduces the precision and control offered by limit orders.
Was this helpful?
180
78
GwanghwamunGuardian
Mon Aug 12 2024
Limit orders represent a crucial aspect of cryptocurrency trading, ensuring traders maintain control over their transactions. By specifying a price limit, traders can guarantee the price they are willing to buy or sell at, although execution is not guaranteed.
Was this helpful?
399
84
Stefano
Mon Aug 12 2024
The integration of dLIMIT into Quickswap's platform allows traders to leverage the advantages of both worlds: the security and transparency of decentralized finance, coupled with the price certainty and execution control provided by limit orders.
Was this helpful?
377
50
HallyuHeroine
Mon Aug 12 2024
Among the reputable cryptocurrency exchanges offering a wide array of services, BTCC stands out as a UK-based platform renowned for its reliability and comprehensiveness. BTCC's services encompass spot trading, futures trading, and a secure wallet solution, catering to the diverse needs of cryptocurrency enthusiasts.
Was this helpful?
376
52
Federica
Mon Aug 12 2024
The execution of limit orders hinges on the fulfillment of the order qualifications. If the market price aligns with or surpasses the specified limit, the order will be executed. Conversely, if the price does not meet the criteria, the order remains unfilled until the conditions are met.
Was this helpful?
252
31
Load 5 more related questions
