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Limit Order
A limit order in crypto is an order to buy or sell a cryptocurrency at a specific price or higher, in order to potentially get a better deal. This type of order allows traders to set a price at which they want to execute a trade, rather than accepting the current market price.
For example, if traders want to buy a certain cryptocurrency at a price lower than the current market price, they can place a “buy limit” order at their desired price.
Similarly, if traders want to sell a certain token at a price higher than the current market price, they can place a “sell limit” order at their desired price.