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What is a Limit Order?

What is a Limit Order?

A limit order is when you place an order to buy or sell an asset at a specific β€œlimit” price. It is usually an instruction to buy at a lower price or sell at a higher price than the current market price. A limit order lets you specify the lowest price at which you would be willing to sell or the highest price at which you would be willing to buy.

Important: Trading using limit orders allows users to buy at a lower price and sell at a higher price. To prevent any losses, our system will prevent orders that are set too high or low compared to current market price.

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We offer investors a variety of opportunities in the digital assets industry. Our innovative platform provides financial access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.

Cryptocurrency and digital token involve high risks; investors may lose all investment money and should study information carefully and make investments according to own risk profile.

Zipmex Company Limited ("Company") operates a digital assets brokerage business. In order to increase the liquidity for digital assets trading on the Company's exchange platform, the Company sends and receives trade orders from one third-party exchange which is Zipmex SG, our affiliated company located in Singapore. No fees or compensation is provided between the parties. Any references to Zipmex SG is a reference to Zipmex Pte. Ltd.