What happens in this scenario? (Here is an example)
-Price of Bitcoin is $700
-I have a 1BTC Buy order at $600
-I have a 2BTC Buy order at $500
-I have a 3BTC Buy order at $400
-Price of Bitcoin drops to $300
Does it execute all buy orders? Or just the first one? Is there a refractory period? Thanks. Just curious.
If price suddenly drops to $300, all the orders will get executed, so you'll get 6 btc in total, at various prices.