What is the meaning of TIF in the context of cryptocurrency stocks?

1 answers

• Dec 18, 2021 · 3 years ago
  When it comes to cryptocurrency stocks, TIF stands for Time in Force. This term is used to specify how long an order will remain active before it is automatically canceled. TIF options include Good 'Til Canceled (GTC), which means the order will stay active until you manually cancel it, and Day Order, which means the order is only active for the current trading day. By understanding TIF and selecting the appropriate option, you can effectively manage your cryptocurrency trades and ensure your orders are executed according to your desired timeframe.
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