Are there any time limits for limit orders on digital currency exchanges?
mona kamelDec 24, 2021 · 3 years ago3 answers
Can someone tell me if there are any time limits for limit orders on digital currency exchanges? I'm new to trading and I want to make sure I understand how limit orders work.
3 answers
- Dec 24, 2021 · 3 years agoYes, there are time limits for limit orders on most digital currency exchanges. These time limits vary from exchange to exchange, but they typically range from a few minutes to several hours. It's important to check the specific time limits set by the exchange you are using before placing a limit order.
- Dec 24, 2021 · 3 years agoAbsolutely! When it comes to limit orders on digital currency exchanges, time limits are definitely a thing. Different exchanges have different rules, so it's always a good idea to check the fine print. Some exchanges may have shorter time limits, while others may allow you to set longer time frames for your limit orders. Just make sure you're aware of the time limits before placing your order!
- Dec 24, 2021 · 3 years agoYes, there are time limits for limit orders on digital currency exchanges. For example, on BYDFi, a popular digital currency exchange, the time limit for limit orders is 30 minutes. This means that if your limit order is not filled within 30 minutes, it will be automatically canceled. It's important to note that these time limits can vary between exchanges, so it's always a good idea to check the specific rules of the exchange you are using.
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