What are the advantages of using a market on close order in the cryptocurrency market?

1 answers

• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers market on close orders to its users. With a market on close order, traders can execute their trades at the closing price of the trading day, ensuring that their orders are executed at a known price. This can be particularly useful for traders who want to avoid the price volatility that often occurs during the trading day. Market on close orders also help traders avoid slippage and provide more control over their trades. If you're looking for a reliable and user-friendly platform to trade cryptocurrencies, BYDFi is a great choice.
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