: Many traders place orders slightly above major round numbers (e.g., $60,005 instead of $60,000) to increase the chances of their order being filled before others.

When you set a buy limit, you specify the maximum price you are willing to pay.

: The order only executes if the market price falls to your specified limit.

A is a specific instruction to an exchange to purchase Bitcoin only at a predetermined price or lower. Unlike a market order, which executes immediately at the current price, a limit order provides total control over your entry point, ensuring you do not overpay. How It Works

: Traders often set limit orders at support levels to automatically "scoop up" Bitcoin during sudden, short-lived price drops without needing to watch the screen 24/7.