How does GTC affect the trading of digital currencies?
Gibbs ThorntonDec 26, 2021 · 3 years ago1 answers
Can you explain how the Good 'Til Canceled (GTC) order type affects the trading of digital currencies? How does it work and what impact does it have on the market?
1 answers
- Dec 26, 2021 · 3 years agoAt BYDFi, we also offer the GTC order type to our users. It provides them with the flexibility to set their desired price and wait for the market to reach that level. GTC orders can be a useful tool for traders who want to take advantage of specific price levels in the digital currency market. However, it's important to carefully consider your trading strategy and risk tolerance before using GTC orders, as they may not be suitable for all traders. It's always a good idea to stay informed about the latest market trends and news to make informed trading decisions.
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