What is the duration for an order to remain active on Binance?

3 answers

• Kim Th KimAug 26, 2020 · 6 years ago
  On Binance, the duration for an order to remain active depends on the type of order you place. For limit orders, they will remain active until they are filled or canceled by you. Market orders, on the other hand, are executed immediately and do not remain open. Stop-limit orders have a duration as well, where the order will remain active until the stop price is triggered or the limit price is reached. It's important to note that if an order is not filled within a certain time frame, it may be automatically canceled by the system.
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• Ken WeinertJul 03, 2022 · 4 years ago
  When it comes to order duration on Binance, it's all about the type of order you choose. If you place a limit order, it will stay active until it's filled or canceled. Market orders, on the contrary, are executed instantly and don't have a duration. Stop-limit orders have a duration too, and they will remain active until the stop price is triggered or the limit price is reached. Just keep in mind that if your order isn't filled within a specific timeframe, it might get automatically canceled.
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• England FreedmanFeb 11, 2024 · 2 years ago
  When trading on Binance, the duration for an order to remain active varies depending on the type of order. For limit orders, they will stay open until they are filled or canceled. Market orders are executed immediately and don't have a specific duration. Stop-limit orders, however, have a duration and will remain active until the stop price is triggered or the limit price is reached. It's worth noting that if an order isn't filled within a certain timeframe, it may be automatically canceled by the system. Please note that this information is specific to Binance and may differ on other exchanges.
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