What are the differences between held and not held orders in the cryptocurrency market?

3 answers

• Dec 15, 2021 · 3 years ago
  Held orders in the cryptocurrency market refer to orders that are kept by the exchange until they are executed, while not held orders are immediately executed upon submission. Held orders provide traders with more control and flexibility, allowing them to set specific conditions for execution, such as price limits or timeframes. On the other hand, not held orders are executed instantly at the prevailing market price. This difference can impact trading strategies and risk management for traders.
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• Dec 15, 2021 · 3 years ago
  When it comes to held and not held orders in the cryptocurrency market, it's all about timing and control. Held orders give traders the ability to wait for specific conditions to be met before executing the trade, which can be advantageous in volatile markets. Not held orders, on the other hand, are executed immediately, which can be beneficial for traders looking to take advantage of quick price movements. Both types of orders have their own advantages and disadvantages, and it's important for traders to understand the differences and choose the right order type based on their trading strategy and risk tolerance.
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• Dec 15, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers both held and not held order options to its users. Held orders provide traders with the flexibility to set specific conditions for execution, while not held orders are executed instantly. This allows traders to choose the order type that best suits their trading strategy and risk tolerance. Whether you prefer the control of held orders or the speed of not held orders, BYDFi has you covered.
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