What is Limit Order?

A Limit Order allows you to buy or sell digital assets at a specific price you set.

Here’s how it works:

Buy Limit Order:

Use this when you want to purchase an asset at a price lower than the current market price.
Example: If Bitcoin is trading at MYR 130,000, you can set a buy limit order at MYR 122,000. If the price drops to MYR 122,000 or below, your order will be executed.

Sell Limit Order:

Use this when you want to sell an asset at a price higher than the current market price.
Example: If Ethereum is priced at MYR 8,000, you can set a sell limit order at MYR 9,000. If the price rises to MYR 9,000 or above, your order will be executed.

Limit orders give you greater control over the price, but execution is not guaranteed unless the market reaches your specified price.