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Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.
Open orders refers to your maker limit orders that are waiting in the order book to be matched and filled. Scheduled orders are orders placed with a start time five seconds or more in the future and will count towards your maximum number of open orders.
The maximum number of orders you can have open at any given time (across each trading pair) is determined by your Verification level.
Verified | Verified with high limits | |
|---|---|---|
Open Orders | 80 | 225 |
Scheduled Orders | 25 | 40 |
Example
You have 78 buy limit orders BTC/EUR and 60 sell limit orders on ETH/EUR.
You want to place a few more buy orders on BTC/EUR, and you are verified, but not with higher limits. The maximum limit for open orders for your account is 80.
This means that you can place 2 more orders on BTC/EUR and 20 more open orders on ETH/EUR before you reach the maximum number of open orders on those pairs. On other pairs, you can place 80 orders each.