Post
Topic
Board Trading Discussion
Re: When Placing A Trade, How Long Does It Take For The Order To Be Filled?
by
Johnyz
on 16/06/2023, 21:37:57 UTC
If you want a fast trade then better to choose the buying/selling price in the next 5 on the list, and with this you can easily filled your trade without waiting any longer. Your trade will always depend on the price, and the buyer and seller level, so make sure to check it before you place a trade.
If he does not want to set a particular price that bitcoin price will get to before his order would be filled, then why not use market order instead for fast trade? With market order, the order is filled immediately. Market order should only be used on non shady exchanges and also with coins of high trading volume like bitcoin.
Market order have a higher fees I think, so if not in a hurry better to do this manually. If the price is already within your target range then you can trade on a higher price to filled your trade but if not and you’re confident that the market will hit your buying/selling price, then wait for it. Remember we should trade without analysis and don’t let your emotion takes over you, be more patient and trade better.