How can I use AON orders in cryptocurrency trading?

3 answers

• Nov 26, 2021 · 3 years ago
  Sure! AON stands for 'All or None' orders. When you place an AON order in cryptocurrency trading, it means that the entire order must be filled in its entirety or not at all. This type of order is useful when you want to ensure that you either buy or sell the full amount of a specific cryptocurrency. It helps to avoid partial fills and allows you to execute your trading strategy more effectively.
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• Nov 26, 2021 · 3 years ago
  AON orders can be particularly beneficial in volatile cryptocurrency markets. By using AON orders, you can minimize the risk of getting only a partial fill on your order, especially during times of high market volatility. This can help you avoid potential losses and ensure that your trading strategy is executed as planned.
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• Nov 26, 2021 · 3 years ago
  At BYDFi, we also offer AON orders to our users. AON orders provide an additional layer of control and flexibility in cryptocurrency trading. They allow you to set specific conditions for your trades and ensure that your orders are executed according to your preferences. Whether you're a beginner or an experienced trader, AON orders can be a valuable tool in your trading arsenal.
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