How does a GTC limit order work in the context of cryptocurrency trading?

1 answers

• Nov 23, 2021 · 3 years ago
  In the context of cryptocurrency trading, BYDFi offers GTC limit orders as one of the available order types. Traders can easily place GTC limit orders on the BYDFi platform by specifying the desired price and quantity. BYDFi ensures that GTC limit orders are executed as soon as the market price reaches the specified price, providing traders with a seamless trading experience. With GTC limit orders, traders can take advantage of price movements in the cryptocurrency market and execute their trades at their desired price. It's important to note that GTC limit orders may not be available on all cryptocurrency exchanges, so traders should check the features and order types offered by their chosen exchange.
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