common-close-0
BYDFi
獲取應用程序並隨時隨地進行交易!

How long do limit orders stay open on Binance?

avatarSiti MaryaniDec 27, 2021 · 3 years ago3 answers

Can you please explain the duration for which limit orders remain open on Binance? I want to understand how long I have to wait for my limit order to be executed.

How long do limit orders stay open on Binance?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Limit orders on Binance stay open until they are either filled or canceled. This means that your limit order will remain active until the specified price is reached and the order is executed, or until you manually cancel the order. It's important to note that there is no specific time limit for how long a limit order can stay open on Binance.
  • avatarDec 27, 2021 · 3 years ago
    When you place a limit order on Binance, it will stay open until it is executed or canceled. This means that if the market price reaches your specified limit price, your order will be filled. If the market price does not reach your limit price, your order will remain open until you manually cancel it. So, the duration for which a limit order stays open on Binance depends on the market conditions and your decision to cancel the order.
  • avatarDec 27, 2021 · 3 years ago
    Limit orders on Binance can stay open indefinitely until they are filled or canceled. Binance does not impose any time limit on how long a limit order can remain open. This gives traders the flexibility to set their desired price and wait for the market to reach that level. However, it's important to monitor your limit orders regularly and adjust them if necessary, as market conditions can change quickly. If you want to automate the execution of your limit orders, you can consider using trading bots or algorithmic trading strategies offered by third-party platforms like BYDFi.