Choose buy or sell
Confirm the direction before setting price and size.
LIMIT ORDER GUIDE
PRICE CONTROL / ORDER BOOK / EXECUTION
How does a crypto limit order work?
A limit order lets a trader specify a price condition instead of simply accepting the best available price immediately. The trade only executes when compatible liquidity is available at the limit price or better, subject to the venue's rules.
PRICE CONDITIONORDER STATUSLIQUIDITY
LIMIT ORDER BASICS
Price control does not guarantee execution.
A limit order can help define an acceptable execution price, but the market must still provide compatible liquidity. Fast markets can move away from the order, and large orders may fill only partially.
Set the limit price
The price condition defines the worst price you are willing to accept under typical limit-order logic.
Set the order amount
Large size can require more available liquidity to fill completely.
The order may wait
If no compatible liquidity is available, the order may remain open.
Execution can be partial
Part of the order may execute while the remaining quantity stays open.
Review open orders
Cancel orders you no longer want rather than assuming they disappeared.
LIMIT VS MARKET
Different order types solve different problems.
LIMIT ORDER
Prioritizes a price condition.
PRICEYou set the threshold
The order waits for acceptable pricing.
FILLNot guaranteed
The market may never trade through the required level.
STATUSCan remain open
Monitor open and partially filled orders.
MARKET ORDER
Prioritizes immediate execution.
SPEEDUses available liquidity
The order seeks execution against prices currently available.
PRICECan experience slippage
Large or fast orders may fill across multiple price levels.
REVIEWCheck depth first
Market depth can matter significantly for execution quality.
RELATED GUIDES
Learn the rest of the execution workflow.
LIMIT ORDER FAQ
Quick answers.
What is a limit order?+
A limit order sets a price condition and only executes when compatible liquidity is available at that price or better under the venue's rules.
Can a limit order remain unfilled?+
Yes. It may remain open if the market never reaches the price or if available liquidity is insufficient.
Can it fill partially?+
Yes. Partial fills can occur when only part of the requested size can execute at eligible prices.
EXECUTION EDUCATION
Open HOODBTC Trade ↗Use the order type that matches your intent.
Review price, size and open-order status before and after submitting a limit order.