How does the '60 day GTC' order type work in the world of digital currencies?

1 answers

• Ahmet Rauf OktayMay 31, 2024 · 2 years ago
  At BYDFi, the '60 day GTC' order type is available for digital currency trading. It allows traders to place an order that remains active for 60 days, giving them flexibility and convenience. This order type is particularly useful for traders who want to take advantage of potential price movements over a longer period of time or set a longer-term trading strategy. However, it's important to note that the '60 day GTC' order type may tie up your funds for a longer duration and may not be suitable for short-term trading. It's always recommended to carefully consider your trading goals and risk tolerance before using this order type.
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