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Far more particularly, a stop value is actually a trigger that, when arrived at, initiates the limit order at no kind of than the limit selling price you set (the utmost or minimum amount total that you would like to pay or obtain).
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A quit-limit purchase is utilised to position a Restrict buy at the time the industry price reaches a designated quit value you established.
In this example, we have been positioning a limit buy to trade our fifty USDT for the equivalent price in BNB when the cost of BNB drops to 610 USDT.
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