hello binance team –

i place a limit order in the orderbook, says at 0.15 cents. the current price is 0.13 cents and rising..

now, at 0,15 cent i am not the only one. already many bot/ human orders there..

the price touches 0,15 cents….some orders are filled, some not…price falls back down.

my question: is it random who gets filled? or is it first placed – first served order?

​

thx

\–i will deep report any f+ scam bot in chat


➔ Visit Binance now and start trading

2 Comments

  1. theultimateusername on 23. December 2023 at 0:55

    It depends on your limit order type, if you have a 0.15 price limit buy order but someone has an 0.15 buy stop with an 0.16 upper price limit it will go to them first because its a more favorable transaction for the seller. If someone else had 0.15 stop and 0.17 limit they’ll be priority. Beyond that its whatever order they were placed in. (if I did my order last week and you did yours an hour ago I get priority)

     


  2. BinanceCSHelp on 23. December 2023 at 0:55

    Hello there.
    A limit order is an order that you place on the order book with a specific limit price. The limit price is determined by you.
    The trade will only be executed if the market price reaches your limit price (or better). Therefore, you may use limit orders to buy at a lower price or to sell at a higher price than the current market price.

    Please, let us check your issue in detail and provide you with an explanation for exactly your situation. Kindly open a live chat on this page [https://www.binance.com/en/chat](https://www.binance.com/en/chat) and our agents will help you.
    VG