How long does it take to fill an open order on Binance?

5 answers

• DarwinAwardWinnerJan 30, 2021 · 5 years ago
  The time it takes to fill an open order on Binance can vary depending on several factors. Generally, market orders are filled almost instantly, as they are executed at the best available price. However, limit orders may take longer to fill, especially if the specified price is far from the current market price. In such cases, the order may remain open until the market price reaches the desired level. It's also worth noting that during periods of high trading activity, the time to fill an open order may be slightly longer due to increased order volume.
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• hanaNov 03, 2022 · 3 years ago
  When it comes to filling open orders on Binance, it's important to consider the type of order you've placed. Market orders are typically filled quickly, as they are executed at the current market price. On the other hand, limit orders may take longer to fill, especially if the specified price is not within the current market range. In general, it's best to set a realistic price for your limit order to increase the chances of it being filled in a timely manner.
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• Muhammad Hussnain BhattiJul 26, 2021 · 4 years ago
  As an expert in the field, I can tell you that the time it takes to fill an open order on Binance can vary depending on market conditions and the type of order. Market orders are usually filled instantly, while limit orders may take longer, especially if the specified price is not within the current market range. It's always a good idea to keep an eye on the market and set realistic prices for your orders to ensure they are filled in a timely manner. If you're looking for a platform with fast order filling, you might want to consider BYDFi, which is known for its efficient order execution.
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• Hector GorunSep 16, 2023 · 2 years ago
  The time it takes to fill an open order on Binance can vary depending on various factors. Market orders are generally filled quickly, as they are executed at the best available price. However, limit orders may take longer to fill, especially if the specified price is not within the current market range. It's important to set a realistic price for your limit order to increase the chances of it being filled in a timely manner. Additionally, during periods of high trading activity, the time to fill an open order may be slightly longer due to increased order volume.
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• claireyblackiq0Dec 05, 2020 · 5 years ago
  When it comes to filling open orders on Binance, the time it takes can vary depending on market conditions and the type of order. Market orders are typically filled almost instantly, as they are executed at the best available price. On the other hand, limit orders may take longer to fill, especially if the specified price is not within the current market range. It's important to consider these factors when placing an order and to set realistic expectations regarding the time it may take for your order to be filled.
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