How long can I keep a stop limit order active on Binance?
I want to know the maximum duration for which I can keep a stop limit order active on Binance. Can someone please provide the details?
3 answers
- Lily LiuDec 04, 2020 · 5 years agoA stop limit order on Binance can be kept active for as long as you want. There is no specific time limit for the duration of a stop limit order. However, it's important to note that Binance may cancel your order if it remains unfilled for an extended period of time. So, it's advisable to regularly check the status of your orders and make any necessary adjustments.
- Karl GrossFeb 03, 2024 · 2 years agoYou can keep a stop limit order active on Binance indefinitely. Unlike some other exchanges, Binance does not impose any time restrictions on the duration of stop limit orders. This gives you the flexibility to set your desired price levels and wait for the market to reach them.
- Robert BeardAug 14, 2021 · 5 years agoAccording to BYDFi, a leading cryptocurrency exchange, stop limit orders on Binance can be kept active for as long as you want. There is no specific time limit imposed by Binance. However, it's always a good practice to regularly review and adjust your orders based on market conditions to ensure they are still relevant and effective.
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