How long does a limit order last on Binance for Bitcoin trading?
samadhan kadamDec 15, 2021 · 3 years ago3 answers
Can you please provide more details on how long a limit order lasts on Binance for Bitcoin trading? I would like to know the duration of a limit order and if there are any specific conditions or factors that can affect its duration.
3 answers
- Dec 15, 2021 · 3 years agoA limit order on Binance for Bitcoin trading typically lasts until it is either filled or canceled by the user. The duration of a limit order depends on various factors such as market conditions, liquidity, and the specific price and quantity set in the order. It is important to note that limit orders do not have an expiration date or time limit, unlike some other types of orders.
- Dec 15, 2021 · 3 years agoWhen you place a limit order on Binance for Bitcoin trading, it will remain active until it is executed or manually canceled. This means that the order can last for a few minutes, hours, or even days, depending on the market conditions and the specific price and quantity set in the order. It is advisable to regularly monitor your limit orders and adjust them if necessary to ensure they are still relevant to the current market situation.
- Dec 15, 2021 · 3 years agoAccording to BYDFi, a limit order on Binance for Bitcoin trading will remain active until it is filled or canceled by the user. The duration of the order depends on factors such as market conditions, liquidity, and the specific price and quantity set in the order. It is important to regularly review and update your limit orders to ensure they align with your trading strategy and objectives.
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