How long does an order stay active on Binance?

3 answers

• Dec 16, 2021 · 3 years ago
  An order on Binance stays active until it is either executed or canceled by the user. This means that your order will remain in the order book until it is matched with a counterparty or you manually cancel it. It's important to note that the duration of an order's active status does not affect its priority in the order book. The order book is organized based on price and time priority, ensuring fair execution for all traders.
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• Dec 16, 2021 · 3 years ago
  When you place an order on Binance, it will stay active until it is filled or canceled. This means that if the market conditions are favorable and there are matching orders, your order will be executed within seconds or minutes. However, if there are no matching orders, your order will remain active until it is canceled or until a matching order becomes available. It's important to regularly check the status of your orders to ensure you don't miss any trading opportunities.
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• Dec 16, 2021 · 3 years ago
  Orders on Binance stay active until they are executed or canceled. Binance is known for its fast and efficient order matching system, which ensures that orders are executed as quickly as possible. However, the time it takes for an order to be executed depends on various factors, such as market liquidity and the type of order you place. For example, market orders are usually executed instantly, while limit orders may take longer if the desired price is not currently available. Overall, Binance strives to provide a seamless trading experience with minimal order execution delays.
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