How do held orders and not held orders affect the trading experience in the world of digital currencies?

3 answers

• Bearcin46Jun 26, 2021 · 4 years ago
  Held orders and not held orders can have a significant impact on the trading experience in the world of digital currencies. Held orders refer to orders that are temporarily held by the exchange before being executed, while not held orders are executed immediately. The main difference between these two types of orders lies in the level of control and flexibility they offer to traders. Held orders provide traders with the ability to set specific conditions for execution, such as price limits or time constraints. This can be useful for traders who want to take advantage of specific market conditions or implement more complex trading strategies. On the other hand, not held orders are executed instantly, which can be beneficial for traders who value speed and efficiency. However, it's important to note that not held orders may be subject to slippage, especially in volatile markets. Overall, the choice between held orders and not held orders depends on the individual trader's preferences and trading goals.
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• Esra EsamApr 23, 2023 · 2 years ago
  When it comes to the trading experience in the world of digital currencies, held orders and not held orders play a crucial role. Held orders, as the name suggests, are orders that are held by the exchange until certain conditions are met. This allows traders to have more control over their trades and execute them at specific price points or within a certain time frame. On the other hand, not held orders are executed immediately at the current market price. This can be advantageous for traders who want to enter or exit positions quickly. However, it's important to consider the potential risks associated with not held orders, such as slippage during volatile market conditions. Ultimately, the choice between held orders and not held orders depends on the trader's individual preferences and trading strategy.
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• ABIR DRIDIJul 14, 2024 · a year ago
  In the world of digital currencies, held orders and not held orders can have a significant impact on the trading experience. Held orders, also known as limit orders, allow traders to specify the price at which they want to buy or sell a particular digital currency. This provides traders with more control over their trades and can help them avoid unexpected price fluctuations. On the other hand, not held orders, also known as market orders, are executed immediately at the current market price. This can be beneficial for traders who want to enter or exit positions quickly, but it also exposes them to the risk of slippage. At BYDFi, we believe that both held orders and not held orders have their own advantages and disadvantages. It's important for traders to carefully consider their trading goals and risk tolerance before choosing between these two types of orders.
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