The functionality of the WhiteBIT cryptocurrency exchange has been supplemented with another useful tool. Multi-Limit is a powerful order placement mode on the exchange&#39;s spot market. It allows users to create from 2 to 15 limit orders, specifying a price range, the number of orders in the grid, and the option to choose between geometric and arithmetic progression for forming order prices within the specified range.Multi-Limit optimizes trading and time management by allowing users to place multiple limit orders simultaneously while effectively mitigating risks. The key features of Multi-Limit mode on WhiteBIT are as follows:<ul><li>Currently, the mode is only available on the exchange&#39;s spot market;</li><li>Users can set upper and lower price limits for orders in the grid, as well as the order size;</li><li>Each Multi-Limit grid can contain from 2 to 15 orders;</li><li>Users can choose between arithmetic and geometric price formation modes for orders. In the arithmetic mode, order prices will change equally, while in the geometric mode, they will follow a geometric progression, shifting the group of orders downward during buying and upward during the selling of the asset;</li><li>Users can cancel any order in the grid without affecting other orders.</li></ul><img src="https://academy-public.coinmarketcap.com/optimized-uploads/3ce88ecadc8b40389f00ebfc9d28f69a.png" />The Multi-Limit mode allows for placing 2 to 15 limit orders within a couple of minutes, simplifying trading and enhancing the efficiency of trading strategies, freeing traders from manually placing numerous orders. It&#39;s quick and easy to configure, offering a structured approach to trading. Discover the inner workings of Multi-Limit and learn how to set it up using the API in the <a href="https://blog.whitebit.com/en/multi-limit-on-whitebit/?utm_source&#61;coinmarketcap&amp;utm_medium&#61;pr&amp;utm_campaign&#61;multi-limit&amp;utm_content&#61;article" rel="noopener noreferrer nofollow">article</a>.Customize your <a href="https://whitebit.com/trade/BTC-USDT?type&#61;spot&amp;tab&#61;open-orders&amp;utm_source&#61;coinmarketcap&amp;utm_medium&#61;pr&amp;utm_campaign&#61;multi-limit&amp;utm_content&#61;article" rel="noopener noreferrer nofollow">Multi-Limit mode</a> and set your trading level yourself!<a href="https://whitebit.com/trade/BTC-USDT?type&#61;spot&amp;tab&#61;open-orders&amp;utm_source&#61;coinmarketcap&amp;utm_medium&#61;pr&amp;utm_campaign&#61;multi-limit&amp;utm_content&#61;article" rel="noopener noreferrer nofollow">WhiteBIT</a> is one of the largest European centralized crypto exchanges, originally from Ukraine, founded in 2018. The exchange offers 350&#43; trading pairs, 270&#43; digital assets, and 10&#43; state currencies. The company is an official partner of the Ukrainian national football team, FC Barcelona, FACEIT. The goal of WhiteBIT is the mass implementation of blockchain technology worldwide.

Multi-Limit Is a New Order Placement Mode on WhiteBIT. How Does It Work, and Who Is It Suitable For?

WhiteBIT

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