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Basics lesson 8 of 11 · 5 min

Exchanges, orders and fees

How buying crypto actually works, and what it costs.

  • A market order buys right away at the current price; a limit order waits for your price.
  • Every trade has fees, and the gap between buy and sell price (the spread) is a cost too.
  • Withdrawal fees and network fees apply when you move coins to your own wallet.

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