How does that limit orders work? It always reverts to

Question

How does that limit orders work? It always reverts to

market value for me. So I put in coin A to sell for coin B. Change amount in B and see A change with it, like a normal sell order.

#cake #cryptocurrency #de-fi #english

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12.03.2022

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Limit Orders in PCS What I can do? -Leave an order to sell a token that I have, at a price above the current one -Buy a token that I want, at a price below the current one But for the second case how do I do? It says order price can't be below the market price!!!! Exactly! Here's the thing, young trader. Limit orders in PCS are ALWAYS SELL orders But if I want to buy??? You have to see it backwards... let's see it like this: You have a token (H), and you want to buy another one (W), ok? So what you do is SELL your H token, for the W token you want to buy Ohhh...! Example: I have Busd and I want to buy Cake, if it drops to $5 Current price of cake/busd = 6, or what is the same: current price of busd/cake = 0.166 then... I can place a limit order (which is always for sale) of my Busd, to receive cake At what price? if we wanted to buy Cake at $5, I put the price busd/cake = 0.200 (above the current 0.166) Do you get it? bus/cake = 0.200 is the same as Cake/busd = 5 (it is the inverse) Click here to check limit orders FAQ: Limit Orders FAQ

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12.03.2022

Comp 🇬🇧🥞 (Do NOT DM Me) · Accepted Answer

Comp 🇬🇧🥞 (Do NOT DM Me)

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12.03.2022

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How does that limit orders work? It always reverts to

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