|
March 14, 2013, 04:55:12 PM |
|
Hey All,
I know this is a real "newbie" question, but here goes . . .
When placing a BTC order on the bitfloor website, what would be a good price to offer so that the order goes through relatively quickly?
For example, is it safe to assume that if you offer to buy the coins at let's say .25 cents (USD) over the current "Last" price then the order will complete fairly quickly?
What about if you offer to pay just a few cents over the "Last" price, will that order execute fairly quickly too???
Sorry to come across as such a novice, but this whole Low, High, Last, Ask price thing has me confused?!?
Also, if anyone can offer some insight into the difference between Market & Limit orders that'd be great!
Obviously, I don't want to spend more for my BTC order than necessary.
Thanks in advance for any advice you might offer . . .
Bullfrog6288
|