How does 'gtc time in force' affect the execution of cryptocurrency orders?

1 answers

• PRUTHVIRAJ CHAVANJul 04, 2025 · 16 days ago
  At BYDFi, we understand the importance of the 'gtc time in force' option for cryptocurrency traders. This option allows traders to place orders that will remain active until they are filled or manually canceled. The advantage of using this option is that it provides convenience and flexibility for traders who want to place long-term orders without the need to constantly monitor the market. However, it's important to note that the execution of orders is subject to market conditions and liquidity. Traders should carefully consider their trading strategy and risk tolerance before using the 'gtc time in force' option or any other order type.
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