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.
The trade will be executed and you will lose 18K immediately, there are lots of people uses trading bots to fill the trade order with all the price range even for 2000 someone already created and kept it open for someone to make a mistake so never try it on any exchange even as a mistake there is no way to retrieve the money you lost.