A limit order is a buy or sell order executed at a specific price. The advantage of this order is that if the order is executed it will be done at a fixed price. However, the disadvantage to this order is that there is no guarantee that the order will ever be executed or filled.
How to Place a Limit Order on NDAX
- Login to https://ndax.io/
- Once you log in you will be redirected to your dashboard
- Click TRADE on the left-hand side of the screen
- On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen
- Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD pair
- Click on LIMIT
- Enter ORDER SIZE (how much you want to purchase)
- Enter LIMIT PRICE (the specified price the order will execute at)
- Click PLACE BUY/SELL ORDER
To learn more, check out our blog:
Advanced Trading: Limit Order
See trading fees here
For any other questions, please contact our support team.