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if i put a buy order in at $20......
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Topic: if i put a buy order in at $20...... (Read 690 times)
bitcon
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if i put a buy order in at $20......
June 27, 2011, 11:46:29 PM
#1
and the lowest ask price is at $17, does my purchase default to the lowest "ask" or do i get the BTC for $20 each?
bitrain
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Re: if i put a buy order in at $20......
June 27, 2011, 11:50:23 PM
#2
Lowest ask will work...
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MiningBuddy
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฿itcoin ฿itcoin ฿itcoin
Re: if i put a buy order in at $20......
June 27, 2011, 11:59:06 PM
#3
I guess it depends on the market, mtgox has an explanation
https://mtgox.com/support
1NvPweASNk6j8avappv1cdS6Uk2nib7iUJ
chuckypalumbo
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Re: if i put a buy order in at $20......
June 28, 2011, 12:04:13 AM
#4
Quote from: MiningBuddy on June 27, 2011, 11:59:06 PM
I guess it depends on the market, mtgox has an explanation
https://mtgox.com/support
This, it looks like you would get BTC at the lowest levels leading up to $20 until your order is filled. So you might get some for instance in the $17's.
enmaku
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Re: if i put a buy order in at $20......
June 28, 2011, 12:07:04 AM
#5
There's a handy calculator on the Market Depth tab of the Mt Gox charts on bitcoincharts:
http://bitcoincharts.com/markets/mtgoxUSD_depth.html
Just put in how many BTC you want and it'll show you how much you'd have to pay at current market prices for the whole lot, starting with the low prices and eating its way up.
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