A limit order waits in the order book until the market reaches your price. You may never get filled, but you never pay more than you set. Limit orders often get the lower "maker" fee.
In shortAn order to buy or sell only at a price you choose, or better.
A limit order waits in the order book until the market reaches your price. You may never get filled, but you never pay more than you set. Limit orders often get the lower "maker" fee.