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Phemex Blog
Phemex Crypto Blog: Learn the latest news, updates, and industry insights on bitcoin futures, bitcoin trading, crypto derivatives exchange, and related blockchain technology.

What are Limit Orders?

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Limit orders are one of the three types of orders that you can place on Phemex.

Limit orders specify the maximum or minimum price that you are willing to buy or sell at. This order type helps minimize trading costs. However, limit orders do not guarantee execution. There is a chance that your order may not be executed if it is placed far out of the market.


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