What are the advantages of using GTC over DAY in the world of digital currencies?

3 answers

• Nov 28, 2021 · 3 years ago
  One of the advantages of using GTC orders over DAY orders in the world of digital currencies is that GTC orders remain active until they are either filled or manually canceled by the trader. This means that if the desired price for a trade is not reached immediately, the order will stay open and continue to be executed when the price reaches the desired level. GTC orders provide flexibility and convenience for traders who want to set specific price levels for their trades and have them executed automatically.
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• Nov 28, 2021 · 3 years ago
  GTC orders offer a great advantage in the world of digital currencies because they allow traders to set their desired price levels and have their orders executed automatically. This eliminates the need for constant monitoring and manual execution of trades. With GTC orders, traders can take advantage of market movements even when they are not actively watching the market. It provides a convenient way to manage trades and maximize profit potential.
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• Nov 28, 2021 · 3 years ago
  Using GTC orders instead of DAY orders can be advantageous for traders in the world of digital currencies. GTC orders allow traders to set their desired price levels and keep the orders open until they are filled or manually canceled. This means that traders don't have to worry about missing out on potential trading opportunities due to time constraints. By using GTC orders, traders can take a more strategic approach to their trades and have better control over their trading activities.
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