what happen when miss type of price

[cryptoking8088]

what happen if i miss type a very low price to sell or a very high price to buy when trading? will i simply buy or sell  in the market price at the current time? for example. if a coin is trading at $10 per coin at market price, and i place a order to buy at 1 coin $100? will i just get one coin and $100 is all gone?

[1715412549]

1715412549

[1715412549]

1715412549

[1715412549]

1715412549

[Tactical Genius]

When you put a very high price by mistake,the order gets executed at that price quickly however when you place a very low price it just gets burried under the list of prices on the market at the moment and so that's why care must be taken when placing orders at our own prices rather than the market prices.It is even worse with the decentralized exchanges which use smart contracts.

[cryptoking8088]

thanks, understand.
another question raise ,
lets said a coin market price now is $10 and going up,   i put a stop-limit order at $8 to sell at $7.9 price is still good and going up, but some one accidentally or purposely  make a very small amount of selling at $8. will that trigger my stop-limit order to sell all my coin off at $7.9??