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I use bittrex api and python for trading.

I am interesting about lowest Ask and highest Bid prices on the pair.

In this example:

I want to sell XRP on 0.00008215 price and on 0.00008245

What RATE I would pass? 1.0, or 1.1 or different? And what for lower prices?

What is this number exactly mean?

  • Where do you get this number from? I don't see what rate limiting ( that's what you are referring to right?) has anything remotely to do with the price you wish to sell at. – Rutger Versteegden Jun 17 '18 at 18:49
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The rate (of exchange) is just the price for your order.

According to their documentation, when you create a buy or sell order, you need to specify the market, the quantity, and the rate. The market specifies the currency pair. For example the market BTC-XRP specifies BTC as the "quote currency" and XRP as the "base currency". The quantity specifies how much of the base currency you want to exchange. The rate specifies the quote price at which you want to exchange.

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