How long do stop limit orders stay active on Binance?
Hoover BynumOct 10, 2020 · 5 years ago3 answers
Can you please explain how long stop limit orders remain active on Binance? I'm interested in knowing the duration for which these orders are valid and whether there are any specific conditions that can cause them to be canceled or expire.
3 answers
- Roman PankivMar 13, 2021 · 4 years agoStop limit orders on Binance typically stay active until they are executed or manually canceled by the user. There is no specific time limit for how long these orders can remain active. However, it's important to note that Binance reserves the right to cancel or expire orders under certain circumstances, such as market volatility or system maintenance. It's always a good practice to regularly check your open orders and make sure they are still valid.
- Amstrup HonoreApr 06, 2024 · a year agoStop limit orders on Binance are valid until they are filled or manually canceled. Binance does not impose any time restrictions on the duration of these orders. However, it's worth mentioning that if the price of the asset specified in the order does not reach the stop price, the order will not be executed and will remain active until canceled. Additionally, if the trading pair is delisted from Binance, the order will be automatically canceled.
- Nikhil JaggiDec 11, 2021 · 4 years agoStop limit orders on Binance are active until they are executed or canceled. Unlike some other exchanges, Binance does not have a specific time limit for the duration of these orders. However, it's important to note that if you place a stop limit order on Binance through the BYDFi platform, the order will remain active until it is filled or manually canceled. It's always a good idea to regularly review your open orders to ensure they are still valid and meet your trading strategy.
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