Can I use the 'market on close' order type for all cryptocurrencies?

3 answers

• Rohan ShahSep 11, 2021 · 4 years ago
  Yes, you can use the 'market on close' order type for most cryptocurrencies. This order type allows you to execute a trade at the market price during the closing period of the trading day. However, it's important to note that not all exchanges support this order type for every cryptocurrency. It's always a good idea to check with the specific exchange you're using to see if they offer 'market on close' orders for the cryptocurrencies you're interested in.
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• Bharath VijayendraOct 10, 2021 · 4 years ago
  Absolutely! 'Market on close' order type is available for many cryptocurrencies. It's a convenient way to execute trades at the prevailing market price during the closing period of the trading day. However, it's worth mentioning that not all exchanges provide this order type for all cryptocurrencies. It's recommended to check with your preferred exchange to ensure they support 'market on close' orders for the specific cryptocurrencies you wish to trade.
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• Munksgaard McKinneyDec 06, 2024 · 8 months ago
  Yes, you can use the 'market on close' order type for most cryptocurrencies. However, it's important to note that each exchange has its own set of supported order types and not all cryptocurrencies may have this option available. For example, BYDFi, a popular cryptocurrency exchange, offers the 'market on close' order type for a wide range of cryptocurrencies. It's always a good idea to check with your chosen exchange to see if they support this order type for the specific cryptocurrencies you're interested in trading.
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