“Limit Buy” on cryptocurrency exchanges like Binance, Poloniex, Huobi pro, KuCoin, CEX, HitBTC, CEX, Bittrex… and more
1 min readJul 4, 2018
Limit buy orders are used to specify a price limit at which the order must be executed. Limit orders to buy are placed below the market.
Since the limit order must be filled at the designated price or better, traders use limits to define the worst price at which the order will be executed, prioritizing price execution over execution certainty. Limit orders submitted for buying a futures contract are executed at or below the limit price
To perform this Order Type:
- Create a account on TrailingCrypto and login.
- On settings page enter your API Key and Secret( Click here to know how to create API and Secret and Click here to know how to configure it on TrailingCrypto)
- Select exchange. (A drop down menu on top left)
- From the drop-down menu select Limit buy
- Select your base currency and quote currency
- Enter the quantity (of quote coin) in “Quantity” which you want to buy
- Edit the bid price in “Price” or buy at the concurrent price.
- Place order by clicking on “Submit Order”.