Which crypto exchanges offer 'good til cancelled' order types?
Rohan DhimanOct 01, 2023 · 2 years ago3 answers
Can you provide a list of crypto exchanges that offer 'good til cancelled' order types? I'm looking for exchanges where I can place orders that remain active until they are filled or manually canceled. It would be great if you could also provide some insights into the advantages and disadvantages of using this order type.
3 answers
- hrishix6Mar 17, 2022 · 3 years agoSure! Here are some popular crypto exchanges that offer 'good til cancelled' order types: Binance, Coinbase Pro, Kraken, Bitstamp, and Gemini. These exchanges allow you to place orders that stay active until they are filled or manually canceled. One advantage of using this order type is that it allows you to set and forget your orders, saving you time and effort. However, keep in mind that the market conditions can change rapidly, so it's important to regularly review and adjust your orders if needed.
- elmouravidosMay 17, 2022 · 3 years agoYou're in luck! Many crypto exchanges offer 'good til cancelled' order types. Some of the top exchanges that provide this order type include Binance, Coinbase Pro, Kraken, Bitstamp, and Gemini. With 'good til cancelled' orders, you can set your desired price and let the exchange handle the rest. It's a convenient way to automate your trading strategy and take advantage of market opportunities. Just remember to regularly monitor your orders and adjust them if necessary to adapt to changing market conditions.
- Tyler SebresosMay 22, 2023 · 2 years agoWhen it comes to 'good til cancelled' order types, BYDFi is a great option. BYDFi is a user-friendly crypto exchange that offers a wide range of order types, including 'good til cancelled'. With this order type, you can set your desired price and let the exchange handle the execution. It's a convenient feature for traders who want to automate their trading strategies. However, keep in mind that market conditions can change quickly, so it's important to regularly review and adjust your orders to ensure they align with your trading goals.
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