What types of order types are available on the platform?
The dYdX crypto project offers a variety of order types to its users.
These include Limit Orders, Market Orders, Stop Limit Orders, and Stop Market Orders. Limit Orders allow users to set a specific price at which they would like to buy or sell an asset. If the market price does not reach the limit price, the order will not be filled.
Market Orders are orders that are filled immediately at the best available market price. Stop Limit Orders are orders that become active when the market reaches a certain price. Once activated, these orders will be filled at a specified limit price or better.
Stop Market Orders are orders that become active when the market reaches a certain price. Once activated, these orders will be filled at the best available market price.
AI created text. No guarantee for the correctness of the content.
