How does the order filling process work on Binance?

3 answers

• Ranas AliSep 27, 2020 · 5 years ago
  When you place an order on Binance, it goes through a process called order filling. First, your order is matched with existing orders on the exchange. If there is a matching order, your order is filled immediately at the best available price. If there are no matching orders, your order is added to the order book. When a matching order becomes available, your order is filled. The order filling process on Binance is fast and efficient, ensuring that your orders are executed quickly.
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• Alex BrelandJan 16, 2024 · 2 years ago
  Order filling on Binance works by matching buy and sell orders. When you place a buy order, Binance looks for a sell order at the same or lower price. If a matching sell order is found, your buy order is filled. Similarly, when you place a sell order, Binance looks for a buy order at the same or higher price. If a matching buy order is found, your sell order is filled. The order filling process is automated and happens in real-time, ensuring that trades are executed efficiently.
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• monique leroyMar 29, 2022 · 3 years ago
  At BYDFi, we have a similar order filling process. When you place an order on our platform, it is matched with existing orders in our order book. If there is a matching order, your order is filled immediately. If there are no matching orders, your order is added to the order book. When a matching order becomes available, your order is filled. Our order filling process is designed to provide fast and reliable execution for our users.
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