What are Market Order and Limit Order, and How to Place Them
Understanding market and limit orders is crucial for effective trading on Fokawa.
Market Order:Definition: An order to buy or sell immediately at the best available price.How to Place:Log in to your Fokawa account.Go to the spot trading section.Select the trading pair.Choose 'Market Order'.Enter the amount and confirm the order.
Limit Order:Definition: An order to buy or sell at a specific price or better.How to Place:Log in to your Fokawa account.Go to the spot trading section.Select the trading pair.Choose 'Limit Order'.Enter the price and amount.Confirm the order. The order will be executed when the market reaches your set price
Market Order:Definition: An order to buy or sell immediately at the best available price.How to Place:Log in to your Fokawa account.Go to the spot trading section.Select the trading pair.Choose 'Market Order'.Enter the amount and confirm the order.
Limit Order:Definition: An order to buy or sell at a specific price or better.How to Place:Log in to your Fokawa account.Go to the spot trading section.Select the trading pair.Choose 'Limit Order'.Enter the price and amount.Confirm the order. The order will be executed when the market reaches your set price
Updated on: 19/06/2024
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