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How can I place a good til cancelled order on a cryptocurrency exchange?

avatarKanakNov 24, 2021 · 3 years ago3 answers

I want to place a good til cancelled order on a cryptocurrency exchange, but I'm not sure how to do it. Can someone guide me through the process?

How can I place a good til cancelled order on a cryptocurrency exchange?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Sure, I can help you with that! Placing a good til cancelled (GTC) order on a cryptocurrency exchange is quite simple. First, log in to your account and navigate to the trading section. Find the 'Order' tab and select the cryptocurrency pair you want to trade. Then, choose the 'GTC' option from the order type dropdown menu. Enter the price at which you want to buy or sell the cryptocurrency, and specify the quantity. Finally, click on the 'Place Order' button to submit your GTC order. It will remain active until it is filled or canceled. Happy trading!
  • avatarNov 24, 2021 · 3 years ago
    No worries, mate! Placing a good til cancelled (GTC) order on a crypto exchange is a piece of cake. Just log in to your account, head over to the trading section, and find the 'Order' tab. Pick the crypto pair you're interested in and select the 'GTC' option from the order type menu. Enter the desired price and quantity, mate. Then, hit that 'Place Order' button and you're good to go! Your GTC order will stay active until it gets executed or you cancel it. Cheers!
  • avatarNov 24, 2021 · 3 years ago
    Placing a good til cancelled (GTC) order on a cryptocurrency exchange is a common practice among traders. At BYDFi, one of the leading exchanges, you can easily place a GTC order. Simply log in to your account, go to the trading section, and select the desired cryptocurrency pair. Choose the 'GTC' option from the order type dropdown menu, enter the price and quantity, and click on the 'Place Order' button. Your GTC order will be active until it is filled or canceled. Happy trading on BYDFi!