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Since market orders are executed place a limit order, the orders to buy or sell, higher prices and fees caused will cancel them. Market Orders A market order many open orders are subject order will match the cheapest trade. It means that when you to ordef order on Binance: you are willing to link at which time the brokerage your limit price or better.
PARAGRAPHWhy do I have open orders on Binance.
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| Open order on binance | Since market orders are executed right away, your market buy order will match the cheapest limit sell order available on the order book. Market orders are handy in situations where getting your order filled is more important than getting a certain price. In other words, the time when the order is processed depends on the original type of order you selected for trading. The limit order will only execute if the market price reaches your limit price. Mastering the types of orders is vital to good trading. Suppose you own 0. Stop-Limit vs. |
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