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What are the Benefits of Limit Orders When Buying/Selling Crypto?

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Many investors make smart decisions, where they can maximize profits by using the limit order feature. Limit Order is a type of order where investors can determine the execution price when buying or selling crypto. For example, if the current Bitcoin price is $100k and you are going to buy by placing a limit order at a price of $98k, then your transaction will not be executed if the market price has not dropped to $98k. Likewise, if you are going to sell Bitcoin at a price of $105k, then you have to wait for the Bitcoin price to reach $105k.
 
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