What Is a Limit Order?
A Limit Order buys or sells crypto only at your specified price or better, guaranteeing the execution price but not guaranteeing the order will execute at all.
Good to know:
- A buy Limit Order executes at your price or lower; a sell Limit Order executes at your price or higher.
- If the market never reaches your limit, the order doesn't execute.
- Limit Orders are held for up to 90 days before expiring unexecuted.
Related questions:
Q: Is my Limit Order guaranteed to execute?
No — it's only guaranteed to execute at your price or better, but only if the market reaches that price.
Q: How long does a Limit Order stay active before it expires?
Up to 90 days, after which an unexecuted order expires.