Hello,
Quick question? If you put down say 10 BTC to sell or 10 BTC to buy. Or a large ammount. Will that trade get taken or at least fractions of it.
Or only someone looking to buy 10 btc at 6700 will get that trade and it can be say 1 BTC at 6700 , 1 BTC at 6650 and so on?
Thank you
It would get to fractions. For example if you put up 10 bitcoins for 6750 than your order will be sold
fractionally by everyone who wants to buy, one guy can get 1 bitcoin of it, the other 0.002 of it, and in total it will be sold by everyone who puts up same offer or just say buy directly if the price is at you on that moment.
Which means you do not have to wait for anyone to come and buy/sell all of your offer at once, it will be chopped to pieces until it is all done. Other way would have been really difficult because it would be really hard to find buyers/sellers that would buy that much of it.