Limit Order / Limit Buy / Limit Sell
By CoinGecko | Updated on Mar 03, 2020
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached. This is in contrast with market orders at which a cryptocurrency is sold at the current best available price.
Related Terms
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Application-Specific Integrated Circuit (ASIC)
Refers to specialized computers that are made to do a very specific task (eg. calculate hashes for Bitcoin's Proof-of-Work)
Total Supply
All the tokens and coins that will exist in a cryptocurrency network.
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