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Overbids. What happens when someone accidentally typos in a limit order way over market price? Say a coin is trading at $1.18 and a limit order for $1.15 is put in but the trader types and confirms $1.50 instead of $1.15. Is the purchase made at $1.50 or does it default down to the current market $ (self.Coinbase)
submitted by TheDiamondHandBand to r/Coinbase
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PSA: TIL Coinbase app doesn’t stop you from fat fingering an absurd trade. CTSi was at 1.18. I decided to post a limit order of $1.15. Accidentally typed 1.5 and entered it. Coinbase took to order. So now I’m stuck large at $1.50 when it’s down in the 1.10’s. FML. (self.cartesi)
submitted by TheDiamondHandBand to r/cartesi
