How much time do bids typically remain active on crypto exchanges?

3 answers

• Kehoe VaughanSep 14, 2020 · 5 years ago
  Typically, bids on crypto exchanges remain active for a certain period of time, which can vary depending on the exchange and the specific cryptocurrency being traded. Some exchanges have a default expiration time for bids, such as 30 minutes or 1 hour, while others allow users to set their own expiration time. It's important to note that if a bid expires before it gets filled, it will be automatically canceled and the funds will be returned to the user's account. Therefore, it's crucial to keep an eye on the status of your bids and adjust the expiration time accordingly.
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• Epstein GeorgeJan 29, 2022 · 3 years ago
  The duration for which bids remain active on crypto exchanges can differ from one exchange to another. It's common for exchanges to have a default expiration time for bids, usually ranging from 15 minutes to 1 hour. However, some exchanges may allow users to set their own expiration time, giving them more flexibility. It's advisable to check the specific rules and policies of the exchange you're using to understand how long your bids will stay active. Remember to regularly monitor your bids to ensure they don't expire before getting filled.
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• Raha bhSep 30, 2020 · 5 years ago
  On BYDFi, a popular crypto exchange, bids typically remain active for 30 minutes. This means that if your bid is not filled within 30 minutes, it will expire and be automatically canceled. It's important to keep this in mind when placing bids on BYDFi and to adjust your expiration time accordingly. Remember to stay updated with the latest bid status to ensure you don't miss out on any trading opportunities.
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