What are the most common condition codes used in cryptocurrency exchanges?

3 answers

• Cowan KatzMay 10, 2022 · 3 years ago
  Condition codes are an essential part of cryptocurrency exchanges. They are used to indicate the status of an order or trade. Some of the most common condition codes include: 1. Filled: This code indicates that an order has been completely filled and executed. 2. Partially Filled: This code indicates that only a portion of an order has been filled, and the remaining amount is still open for execution. 3. Cancelled: This code indicates that an order has been cancelled by the trader or the exchange. 4. Pending: This code indicates that an order is waiting to be executed. 5. Rejected: This code indicates that an order has been rejected by the exchange for various reasons, such as insufficient funds or invalid parameters. These condition codes play a crucial role in understanding the status of trades and managing trading strategies. Traders need to monitor these codes closely to make informed decisions.
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• jezdic paladinsNov 18, 2021 · 4 years ago
  When it comes to condition codes in cryptocurrency exchanges, there are a few important ones to know. Let's break them down: 1. Filled: This means that your order has been completely executed. Congrats! 2. Partially Filled: This means that only a portion of your order has been executed. The rest is still waiting to be filled. 3. Cancelled: This means that your order has been cancelled, either by you or the exchange. It could be due to various reasons, like changing your mind or the market conditions. 4. Pending: This means that your order is still waiting to be executed. It hasn't been filled yet. 5. Rejected: This means that your order has been rejected by the exchange. It could be due to insufficient funds, invalid parameters, or other issues. These condition codes are important to keep track of, as they provide valuable information about the status of your trades.
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• Khashayar AboliMar 29, 2023 · 2 years ago
  BYDFi, a popular cryptocurrency exchange, uses a variety of condition codes to indicate the status of orders and trades. Here are some of the most common ones: 1. Filled: This code indicates that an order has been fully executed. 2. Partially Filled: This code indicates that only a portion of an order has been executed, and the remaining amount is still open for execution. 3. Cancelled: This code indicates that an order has been cancelled by the trader or the exchange. 4. Pending: This code indicates that an order is waiting to be executed. 5. Rejected: This code indicates that an order has been rejected by the exchange for various reasons, such as insufficient funds or invalid parameters. These condition codes are crucial for traders to understand the status of their orders and make informed decisions. It's important to keep an eye on them while trading on BYDFi or any other exchange.
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