How can GTC + EXT be used to enhance security in cryptocurrency transactions?

3 answers

• Nov 30, 2021 · 3 years ago
  GTC (Good 'Til Canceled) and EXT (Extended Hours) are two features commonly found on cryptocurrency exchanges that can enhance the security of transactions. GTC allows users to place orders that remain active until they are executed or canceled, reducing the risk of unauthorized access to funds. EXT, on the other hand, enables trading outside of regular market hours, providing an additional layer of security by allowing users to take advantage of lower trading volumes and potentially reducing the risk of price manipulation. By utilizing GTC and EXT, traders can have more control over their transactions and minimize the exposure of their funds to potential security threats.
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• Nov 30, 2021 · 3 years ago
  When it comes to enhancing security in cryptocurrency transactions, GTC + EXT can be a powerful combination. GTC ensures that your orders remain active until they are executed or canceled, reducing the risk of unauthorized access to your funds. EXT, on the other hand, allows you to trade outside of regular market hours, which can be particularly beneficial during periods of high volatility. By taking advantage of these features, you can have greater control over your transactions and minimize the potential risks associated with trading cryptocurrencies.
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• Nov 30, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers the GTC + EXT features to enhance the security of cryptocurrency transactions. With GTC, users can place orders that remain active until they are executed or canceled, providing an added layer of security. EXT allows users to trade outside of regular market hours, which can be advantageous for those looking to take advantage of market movements during off-peak times. By utilizing GTC + EXT on BYDFi, traders can enhance the security of their transactions and have more control over their trading activities.
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