What is the meaning of 'fill or kill' in cryptocurrency trading?

3 answers

• MonteiroOct 07, 2020 · 5 years ago
  Fill or kill is a type of order in cryptocurrency trading that requires the entire order to be executed immediately or canceled ('killed'). It is commonly used by traders who want to ensure that their order is filled quickly and completely. When a fill or kill order is placed, the exchange will attempt to execute the entire order at the specified price. If the exchange cannot fill the entire order immediately, it will cancel the remaining unfilled portion. This type of order is particularly useful in fast-moving markets where prices can change rapidly. Traders who use fill or kill orders are typically looking for immediate execution and are not willing to accept partial fills. It's important to note that not all exchanges support fill or kill orders, so it's essential to check with your exchange before placing such an order.
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• Jay Ar PableoMay 19, 2021 · 4 years ago
  Fill or kill, also known as FOK, is a trading term used in the cryptocurrency market. It refers to an order type that requires the entire order to be filled immediately or canceled. This means that if the exchange cannot fill the entire order at the specified price, the order will be canceled instead of being partially filled. Fill or kill orders are commonly used by traders who want to ensure quick and complete execution of their orders. By using this order type, traders can avoid the risk of getting only a partial fill and missing out on potential trading opportunities. However, it's worth noting that not all exchanges support fill or kill orders, so it's important to check with your exchange before using this order type.
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• AnkaJan 27, 2024 · 2 years ago
  Fill or kill is a term commonly used in cryptocurrency trading to describe an order type that requires the entire order to be filled immediately or canceled. It's a way for traders to ensure that their orders are executed quickly and completely. When a fill or kill order is placed, the exchange will attempt to fill the entire order at the specified price. If the exchange cannot fill the entire order immediately, the order will be canceled. This type of order is particularly useful in volatile markets where prices can change rapidly. Traders who use fill or kill orders are typically looking for immediate execution and are not willing to accept partial fills. It's important to note that not all exchanges support fill or kill orders, so it's essential to check with your exchange before using this order type.
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