☣ Important information ⚠️ for new traders in particular..
Did you know..
What happens if you buy a currency with part of your wallet, let's say at a price of 1 USDT, and then you want to sell it (at the selling price limit) at 1.1 USDT, but you mistakenly pressed the (buy) button instead of sell 🥶 as you set a price higher than the market price 😱😱..
Have you ever experienced this before??🤯
Don't worry, this has happened to me and many others..
What happens is that the purchase is made at the price at the moment you press the button, i.e., at the market price at that moment.. because the program cannot execute a buy request at a price that the currency has not yet reached, so it selects for you the option (market buy order) at the same market price at that moment..
But if you set a sell order at a price (lower) than the market price (for example, if the currency price is 0.2081 and you set a sell price of 0.2009 by mistake instead of 0.2090), what happens??..
Here, if the price difference is large, Binance sends you a [notification] ⚡ that the difference between the order and the market price is large, and you have the choice.. to agree or cancel the operation.
But if the difference is small, what happens..??🤔 Share with me your opinions on what happens
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