What is the meaning of GTD in the context of cryptocurrency trading?

3 answers

• Dec 15, 2021 · 3 years ago
  GTD stands for 'Good Till Date' in the context of cryptocurrency trading. It is an order type that allows traders to specify the duration for which their order should remain active. When placing a GTD order, traders can set a specific date and time until which the order will be valid. If the order is not executed within the specified time frame, it will be automatically canceled. This feature is useful for traders who want to place orders in advance and have them executed at a specific time in the future. GTD orders provide flexibility and convenience for traders, allowing them to plan their trading strategies effectively.
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• Dec 15, 2021 · 3 years ago
  GTD, or 'Good Till Date,' is a term commonly used in cryptocurrency trading. It refers to an order type that allows traders to set a specific date and time until which their order will remain active. This means that the order will stay in the market until it is either executed or canceled by the trader. GTD orders are useful for traders who want to place orders in advance and have them executed at a specific time in the future. By using GTD orders, traders can effectively manage their trading strategies and take advantage of market opportunities.
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• Dec 15, 2021 · 3 years ago
  In the context of cryptocurrency trading, GTD stands for 'Good Till Date.' It is an order type that allows traders to specify the duration for which their order should remain active. For example, if a trader wants to buy a certain cryptocurrency at a specific price but only if the price reaches that level within the next 24 hours, they can place a GTD order with a 24-hour time limit. If the price reaches the desired level within the specified time frame, the order will be executed. Otherwise, it will be automatically canceled. GTD orders provide traders with more control over their trading activities and allow them to plan their trades in advance.
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