How are orders filled on the Binance platform?

3 answers

• John VenpinApr 02, 2023 · 2 years ago
  When you place an order on the Binance platform, it goes through a process called order filling. This process involves matching your order with another user's order. If there is a match, the trade is executed and your order is filled. Binance uses an advanced matching engine that ensures fast and efficient order filling. The platform also offers different order types, such as market orders and limit orders, which affect how your order is filled. Overall, Binance strives to provide a seamless and reliable order filling experience for its users.
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• Mahla_AfsharSep 12, 2021 · 4 years ago
  Order filling on Binance is a simple and straightforward process. When you submit an order, the platform matches it with the best available price in the market. If there is a match, your order is filled and the trade is executed. Binance's order filling algorithm ensures that orders are filled quickly and accurately. The platform also provides real-time order book information, allowing you to see the current market depth and liquidity. Whether you're a beginner or an experienced trader, Binance's order filling process is designed to meet your trading needs.
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• AndiAswadJul 13, 2024 · a year ago
  At BYDFi, we believe in transparency and efficiency when it comes to order filling. On the Binance platform, orders are filled through a combination of market orders and limit orders. Market orders are filled at the best available price in the market, while limit orders allow you to set a specific price at which you want your order to be filled. Binance's matching engine ensures that orders are filled in a fair and timely manner. With BYDFi, you can enjoy a seamless order filling experience on the Binance platform.
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