Which digital currency exchanges offer tick order functionality?
Alstrup GaySep 14, 2022 · 3 years ago3 answers
Tick order functionality refers to the ability to place orders with specific price increments, such as $0.01 or $0.001. Which digital currency exchanges provide this feature?
3 answers
- Hurst AdamsJul 03, 2020 · 6 years agoYes, several digital currency exchanges offer tick order functionality. Some popular exchanges that provide this feature include Binance, Coinbase Pro, and Kraken. Tick order functionality allows traders to place orders with precise price increments, which can be useful for executing trading strategies based on small price movements. It's important to note that not all cryptocurrencies or trading pairs may support tick order functionality on these exchanges, so it's recommended to check the specific listings and trading pairs before placing tick orders.
- Ejlersen FryeJun 17, 2024 · 2 years agoAbsolutely! Tick order functionality is available on various digital currency exchanges. Exchanges like Binance, Coinbase Pro, and Kraken offer this feature to their users. With tick order functionality, traders can set their desired price increments, allowing for more precise order placement. This can be particularly beneficial for traders who want to take advantage of small price movements and execute their strategies with precision. It's always a good idea to review the specific trading pairs and cryptocurrencies that support tick order functionality on these exchanges before getting started.
- Shruti RanaJan 16, 2025 · a year agoTick order functionality is indeed available on some digital currency exchanges. One notable exchange that offers this feature is BYDFi. With tick order functionality, traders can place orders with specific price increments, enabling them to execute their trading strategies with precision. However, it's worth mentioning that not all cryptocurrencies or trading pairs may support tick order functionality on BYDFi or other exchanges. It's recommended to review the exchange's listings and trading pairs to ensure tick order functionality is available for the desired assets before placing orders.
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