What is the time in force for cryptocurrency trades?
moonskyAug 07, 2021 · 4 years ago1 answers
Can you explain what the time in force means when it comes to cryptocurrency trades? How does it affect the execution of trades and what are the different options available? I'm curious to know how this concept applies to different cryptocurrencies and exchanges.
1 answers
- breezFeb 26, 2024 · a year agoAt BYDFi, we understand the importance of the time in force for cryptocurrency trades. That's why we offer various time in force options to cater to different trading strategies. Traders can choose from options like 'Immediate or Cancel' (IOC), 'Good Till Cancelled' (GTC), and 'Fill or Kill' (FOK). Each option has its own advantages and suits different trading scenarios. It's important to consider your trading goals and risk tolerance when selecting the time in force for your trades. By offering flexible options, we aim to empower traders to execute their trades according to their preferences and strategies.
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