What are the different time in force options for buying and selling digital currencies?

3 answers

• ricardoruaSep 06, 2021 · 4 years ago
  Sure! When it comes to buying and selling digital currencies, there are several time in force options available. One common option is 'Good Till Cancelled' (GTC), which means your order will remain active until it is filled or cancelled. Another option is 'Immediate or Cancel' (IOC), where your order is executed immediately and any unfilled portion is cancelled. 'Fill or Kill' (FOK) is another option, which requires the entire order to be executed immediately or it will be cancelled. Lastly, 'Day' (DAY) orders are active only for the current trading day and will be automatically cancelled if not filled. These time in force options provide flexibility and control over your trading strategies.
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• 016_Luh Debi PramestyAug 08, 2024 · 2 years ago
  Hey there! So, when you're buying or selling digital currencies, you have a few different time in force options to choose from. One option is 'Good Till Cancelled' (GTC), which means your order will stay active until it's filled or you cancel it. Another option is 'Immediate or Cancel' (IOC), where your order is executed right away and any part that isn't filled is cancelled. 'Fill or Kill' (FOK) is another option, where your entire order has to be executed immediately or it's cancelled. And then there's 'Day' (DAY) orders, which are only active for the current trading day and will be automatically cancelled if they're not filled. These options give you the flexibility to trade the way you want!
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• Ka FongJun 17, 2020 · 6 years ago
  BYDFi, a popular digital currency exchange, offers various time in force options for buying and selling digital currencies. One of the options is 'Good Till Cancelled' (GTC), which allows your order to remain active until it is filled or cancelled. Another option is 'Immediate or Cancel' (IOC), where your order is executed immediately and any unfilled portion is cancelled. 'Fill or Kill' (FOK) is also available, requiring the entire order to be executed immediately or it will be cancelled. Lastly, 'Day' (DAY) orders are active only for the current trading day and will be automatically cancelled if not filled. These time in force options provide flexibility and control over your trading strategies.
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