How does GDAX handle 'fill or kill' orders for different types of cryptocurrencies and what are the implications for traders?

3 answers

• omar ayoubDec 16, 2023 · 2 years ago
  GDAX, one of the leading cryptocurrency exchanges, handles 'fill or kill' orders for different types of cryptocurrencies with precision and efficiency. When a trader places a 'fill or kill' order on GDAX, the exchange ensures that the order is executed immediately and in its entirety, or it is canceled entirely. This type of order is particularly useful for traders who want to avoid partial fills or slippage. By executing the order instantly, GDAX minimizes the risk of price fluctuations and provides traders with a higher level of certainty.
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• businessloansdirectNov 02, 2024 · 9 months ago
  When it comes to 'fill or kill' orders on GDAX, traders can expect quick and decisive execution. GDAX understands the importance of time-sensitive trades and ensures that these orders are either filled completely or canceled immediately. This feature is especially beneficial for traders who want to avoid partial fills and want to execute their trades at a specific price. By offering 'fill or kill' orders, GDAX provides traders with more control over their trades and reduces the chances of unfavorable price movements.
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• HAPPY_ 405Jan 24, 2022 · 3 years ago
  GDAX, like many other cryptocurrency exchanges, handles 'fill or kill' orders in a similar manner. When a trader places a 'fill or kill' order, the exchange either executes the order in its entirety or cancels it completely. This ensures that traders are not left with partial fills or unwanted positions. However, it's important to note that 'fill or kill' orders may not be available for all cryptocurrencies on GDAX. Traders should check the specific requirements and limitations for each cryptocurrency before placing such orders.
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