I have a question. Suppose Bitcoins price is now $20000 and i have 1 Bitcoin. And i want to sell my bitcoin but accidentally i put the selling price at $2000 and confirmed it for sale. Then what will happens next? I know how buying and selling works on exchanger. In order to sell something someone have to buy it. But what happens if there are no buy order at $2000.
Forgive me if i say something wrong. I didn't try it on exchanger because of the fear of losing money.
If you set the sell price below the current price that is currently in the order book, then your order will be triggered at the nearest buy price that is at that moment in time. This is a kind of protection against accidental pressing and incorrect setting of the sale price. I've seen this on every major exchange I've traded on. Even with a strong desire, you will not be able to sell your 1 bitcoin for $ 1 (for example). Even if you want to do it on purpose.