common-close-0
BYDFi
Trade wherever you are!

What does GTC mean in cryptocurrency trading?

avatarshivam nautiyalDec 18, 2021 · 3 years ago5 answers

Can you explain what GTC means in cryptocurrency trading?

What does GTC mean in cryptocurrency trading?

5 answers

  • avatarDec 18, 2021 · 3 years ago
    GTC stands for Good 'Til Canceled, which is a type of order in cryptocurrency trading. When you place a GTC order, it means that the order will remain active until it is either filled or canceled by the trader. This is different from other types of orders, such as Immediate or Cancel (IOC) or Fill or Kill (FOK), which are only active for a specific period of time. GTC orders are commonly used by traders who want to buy or sell a specific cryptocurrency at a certain price, and are willing to wait for the market to reach that price.
  • avatarDec 18, 2021 · 3 years ago
    In cryptocurrency trading, GTC is short for Good 'Til Canceled. It's a type of order that allows traders to set a buy or sell order that remains active until it is manually canceled. This means that the order will stay in the market even if it is not immediately filled. GTC orders are useful for traders who want to set a specific price at which they want to buy or sell a cryptocurrency, and are willing to wait for the market to reach that price. It provides flexibility and convenience for traders who don't want to constantly monitor the market.
  • avatarDec 18, 2021 · 3 years ago
    GTC, or Good 'Til Canceled, is a term commonly used in cryptocurrency trading. It refers to an order that remains active until it is either filled or canceled by the trader. When you place a GTC order, it means that you want to buy or sell a specific cryptocurrency at a certain price, and you are willing to wait for the market to reach that price. GTC orders are popular among traders who want to set a target price for their trades and are not in a rush to execute them. It allows them to take advantage of potential price movements in the market.
  • avatarDec 18, 2021 · 3 years ago
    GTC, which stands for Good 'Til Canceled, is a type of order in cryptocurrency trading. When you place a GTC order, it means that you want to buy or sell a specific cryptocurrency at a certain price, and the order will remain active until it is filled or canceled by you. GTC orders are useful for traders who have a specific price in mind and are willing to wait for the market to reach that price. It provides a level of control and flexibility for traders, allowing them to set their desired price and let the market come to them.
  • avatarDec 18, 2021 · 3 years ago
    GTC, short for Good 'Til Canceled, is a term used in cryptocurrency trading to describe an order that remains active until it is manually canceled by the trader. When you place a GTC order, it means that you want to buy or sell a specific cryptocurrency at a certain price, and you are willing to wait for the market to reach that price. GTC orders are commonly used by traders who have a specific price target in mind and want to take advantage of potential price movements in the market. It allows them to set their desired price and let the order stay active until it is filled or canceled.