What is the duration of active stop limit orders on Binance?
AvoNov 28, 2021 · 3 years ago5 answers
Can you please explain how long active stop limit orders remain in effect on Binance? I would like to know the duration of these orders and how they work.
5 answers
- Nov 28, 2021 · 3 years agoActive stop limit orders on Binance remain in effect until they are either executed or canceled by the user. These orders are designed to trigger a limit order when the market price reaches a specified stop price. Once the stop price is reached, the limit order is placed on the order book and remains active until it is filled or canceled. It's important to note that the duration of these orders can vary depending on market conditions and user preferences.
- Nov 28, 2021 · 3 years agoWhen you place an active stop limit order on Binance, it will stay active until it is executed or canceled. This means that the order will remain on the exchange until the stop price is reached and the limit order is triggered. Once the limit order is placed, it will stay on the order book until it is filled or canceled. The duration of these orders can vary depending on market conditions and the specific instructions provided by the user.
- Nov 28, 2021 · 3 years agoActive stop limit orders on Binance have a duration that is determined by the user. When placing the order, you can specify the duration you want the order to remain active. The available options include Good 'Til Canceled (GTC), which means the order will stay active until it is executed or canceled by the user, and Immediate or Cancel (IOC), which means the order will be immediately executed or canceled if it cannot be filled completely. It's important to carefully consider the duration of your stop limit orders to ensure they align with your trading strategy.
- Nov 28, 2021 · 3 years agoStop limit orders on Binance typically remain active until they are executed or canceled. The duration of these orders can vary depending on market conditions and user preferences. It's important to note that Binance offers different order types, including Good 'Til Canceled (GTC) and Immediate or Cancel (IOC), which can affect the duration of your stop limit orders. It's recommended to review Binance's documentation or reach out to their customer support for more specific information on the duration of active stop limit orders.
- Nov 28, 2021 · 3 years agoBYDFi, a digital asset exchange, offers active stop limit orders with a duration that can be customized by the user. When placing an order, you can specify the duration you want the order to remain active, such as Good 'Til Canceled (GTC) or Immediate or Cancel (IOC). The duration of these orders can vary depending on market conditions and user preferences. It's important to carefully consider the duration of your stop limit orders to ensure they align with your trading strategy.
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