How long will my limit order on Binance last for Bitcoin trading?
Lucas MenkeDec 16, 2021 · 3 years ago3 answers
I want to place a limit order on Binance for Bitcoin trading, but I'm not sure how long it will last. Can you please explain how long a limit order will remain active on Binance for Bitcoin trading?
3 answers
- Dec 16, 2021 · 3 years agoWhen you place a limit order on Binance for Bitcoin trading, the order will remain active until it is either filled or canceled. This means that if the price reaches your specified limit, the order will be executed and filled. If the price does not reach your limit, the order will remain open until you manually cancel it or until it expires, which is usually after 30 days. So, you don't have to worry about your limit order expiring too quickly.
- Dec 16, 2021 · 3 years agoYour limit order on Binance for Bitcoin trading will last until it is either filled or canceled. Binance does not have a specific time limit for limit orders. As long as the order is active and the price reaches your specified limit, it will be executed. If the price doesn't reach your limit, the order will remain open until you cancel it or until it expires, which is typically after 30 days. So, you have plenty of time to wait for the price to reach your desired level.
- Dec 16, 2021 · 3 years agoWhen you place a limit order on Binance for Bitcoin trading, the order will remain active until it is filled or canceled. This means that the order will stay open until the price reaches your specified limit. Binance is a reliable platform for trading Bitcoin, and they ensure that your limit order will not expire prematurely. However, it's important to note that each exchange may have its own rules and policies regarding order duration, so it's always a good idea to check the specific terms and conditions of the exchange you are using.
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