The limit order is the standard type of order.
Limit orders are used to define the amount of cryptocurrency to be used in a sell or buy order.
This type of order remains in the order book until the sell price requested by the user is matched with a buy order price. Until this order is matched, users are able to cancel this limit order at any moment.
When there are no appropriate prices that meets the specified quantity, the order is partially completed. The remaining balance will await until its matched with a specified quantity or until other orders are matched. Additionally, the remaining balance can be returned to the user when the order is revoked by the user.
Important InformationLimit order that have been successfully completed cannot be undone or revoked.