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What are the different status options for a ledger order in the cryptocurrency industry?

avatarAayush RaiNov 28, 2021 · 3 years ago1 answers

In the cryptocurrency industry, what are the various status options available for a ledger order? Can you explain each status and its significance?

What are the different status options for a ledger order in the cryptocurrency industry?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    In the cryptocurrency industry, the status options for a ledger order are 'open', 'filled', 'partially filled', 'cancelled', and 'expired'. These status options provide valuable information about the progress and outcome of your orders. The 'open' status indicates that the order is active and waiting to be executed. 'Filled' means that the order has been successfully executed and the transaction is complete. 'Partially filled' means that only a portion of the order has been executed. 'Cancelled' indicates that the order has been manually cancelled by the user. 'Expired' means that the order has reached its specified time limit without being executed. Understanding these status options is crucial for effectively managing your cryptocurrency trades.