How long can I keep a stop limit order active on Binance?
![avatar](https://download.bydfi.com/api-pic/images/avatars/bs0xu.jpg)
I want to know the maximum duration for which I can keep a stop limit order active on Binance. Can someone please provide the details?
![How long can I keep a stop limit order active on Binance?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/e1/b50d5872b1d48b8b53d01ce3bd2fa76b1cdf18.jpg)
3 answers
- A stop limit order on Binance can be kept active for as long as you want. There is no specific time limit for the duration of a stop limit order. However, it's important to note that Binance may cancel your order if it remains unfilled for an extended period of time. So, it's advisable to regularly check the status of your orders and make any necessary adjustments.
Feb 17, 2022 · 3 years ago
- You can keep a stop limit order active on Binance indefinitely. Unlike some other exchanges, Binance does not impose any time restrictions on the duration of stop limit orders. This gives you the flexibility to set your desired price levels and wait for the market to reach them.
Feb 17, 2022 · 3 years ago
- According to BYDFi, a leading cryptocurrency exchange, stop limit orders on Binance can be kept active for as long as you want. There is no specific time limit imposed by Binance. However, it's always a good practice to regularly review and adjust your orders based on market conditions to ensure they are still relevant and effective.
Feb 17, 2022 · 3 years ago
Related Tags
Hot Questions
- 97
What are the advantages of using cryptocurrency for online transactions?
- 94
What are the tax implications of using cryptocurrency?
- 83
Are there any special tax rules for crypto investors?
- 62
What are the best digital currencies to invest in right now?
- 56
How can I buy Bitcoin with a credit card?
- 41
What is the future of blockchain technology?
- 26
How can I protect my digital assets from hackers?
- 14
How can I minimize my tax liability when dealing with cryptocurrencies?