A pending order is an order to buy or sell a security that is submitted to the exchange but is not executed immediately. Instead, the order is held until a specified condition is met, such as the price reaching a certain level or the volume traded reaching a certain threshold. Pending orders are often used to automate trading strategies, such as buying a stock when it falls below a certain price or selling a stock when it rises above a certain price.
Sway Markets is a cryptocurrency exchange that allows users to submit pending orders. To submit a pending order on Sway Markets, follow these steps:
