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July 02, 2018, 06:28:36 PM |
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I want to buy an altcoin on bittrex. Thus let say i want to buy 2000 coins of a coin that is say 1 dollar each. I see they have the selling price as 1 dollar. The issue though is there is only say 100 coins available at that 1 dollar price. Thus if i want to buy 2000 coins, i would have to buy it through about say 10 sellers there. So do you just put down 2000 shares at the 1 dollar price and then wait until someone sells the rest at that price? Or do you buy 2000 immediately and if you do this... how do you do it? I assume the fastest way would be put the price you want to buy as the last price of the 2000th coin? That would mean you would buy the 2000 coins at like so many different prices? Thus if you put down 0.0000160 btc price and 2000 coins, you would buy them through 10 sellers and like all at different prices where its 1 cent off or so?
Example say you want to buy 2000 coins at the number next to it is the price in btc and it looks like this for sellers
1. 100 0.00015 btc
2. 50 0.000152 btc
3. 10 0.000153
4. 300 0.000154
5. 500 0.000155
6. 40 0.000156
7. 250 0.000157
8. 150 0.000158
9. 100 0.000159
10. 800 0.000160
Thus if you put 0.000160 btc price which is around $1.06, that mean you would buy these 2000 coins through all these different prices of 1 dollar to 1.06? And since you put 0.000160 btc price, it obviously would buy the lower priced ones first right? Thus it won't just buy 800 coins at 0.00160?
However if you want to make sure you get it at exactly 1 dollar, put down 0.00015 btc price and it would buy 100 coins. But there would be 1900 available still. Then you wait? I know there is option for immediate or cancel as well. Do you guys do that or leave it as default good till cancelled.
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