Which cryptocurrency exchanges support the 'good 'til canceled' (GTC) time in force option for orders?
Prashant chauhanMay 01, 2022 · 3 years ago3 answers
Can you provide a list of cryptocurrency exchanges that support the 'good 'til canceled' (GTC) time in force option for orders? I'm looking for exchanges where I can place orders that will remain active until they are filled or canceled. It would be great if you could also provide some insights into the advantages of using this time in force option.
3 answers
- May 01, 2022 · 3 years agoSure! There are several cryptocurrency exchanges that support the 'good 'til canceled' (GTC) time in force option for orders. Some popular ones include Binance, Coinbase, Kraken, and Bitfinex. By using this option, you can place orders that will stay active until they are filled or canceled, allowing you to take advantage of potential price movements without constantly monitoring the market. It provides convenience and flexibility for traders who want to set and forget their orders.
- May 01, 2022 · 3 years agoAbsolutely! If you're looking for cryptocurrency exchanges that offer the 'good 'til canceled' (GTC) time in force option for orders, you're in luck. Exchanges like Binance, Coinbase, Kraken, and Bitfinex all support this feature. With GTC orders, you can set your desired price and let the exchange handle the rest. This means that your order will remain active until it is filled or manually canceled by you. It's a great way to automate your trading strategy and take advantage of market opportunities without constantly monitoring the price movements.
- May 01, 2022 · 3 years agoCertainly! When it comes to cryptocurrency exchanges that support the 'good 'til canceled' (GTC) time in force option for orders, Binance is a popular choice. With Binance, you can place GTC orders that will remain active until they are filled or canceled. This allows you to set your desired price and let the order execute automatically when the market conditions are met. It's a convenient feature for traders who want to take a more hands-off approach to their trading strategy. Other exchanges like Coinbase, Kraken, and Bitfinex also offer similar functionality, providing traders with flexibility and control over their orders.
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