Limit Buy

Step 1: Open the Spot Trading Page

  • Access the platform, log in, and navigate to Spot.

Step 2: Choose the Trading Pair

  • Select the trading pair for the limit order.

Step 3: Place a Limit Buy Order

  • Select "Limit" on the Order Panel to place a limit order.

  • Enter the desired price: This is the price at which you wish to buy the cryptocurrency. For example, if you set the price to 96,000 USDT, your order will only execute when the market price of the cryptocurrency drops to 96,000 USDT or lower.

  • Specify the amount: This is the quantity of the cryptocurrency you want to purchase. For instance, if you want to buy 0.016781 BTC, enter that amount in the "Amount" field.

  • Review the total: The "Total" field will display the equivalent value in USDT based on the price and amount you’ve entered (e.g., 1,610.976 USDT for 0.016781 BTC at 96,000 USDT).

  • Click Buy [Token Name] to submit the order.

How It Works:

  • The price you specify determines when your order will execute. Your order will only be fulfilled if the market price reaches or matches your specified price.

  • The amount of USDT required for the purchase will be locked in your account until the order is executed or canceled. During this time, you cannot use those funds for other trades or withdrawals.

  • Once the market price meets your specified price, the order will automatically execute, and the cryptocurrency will be added to your wallet.

This ensures that you only buy the cryptocurrency at the price you want, offering control over your purchase but requiring patience for market conditions to align with your specified price.

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