How much time does a limit order last on Binance for Litecoin exchanges?
Bhavya PokalaDec 29, 2021 · 3 years ago3 answers
Can you please provide more information about the duration of a limit order on Binance for Litecoin exchanges? How long does it typically last?
3 answers
- Dec 29, 2021 · 3 years agoA limit order on Binance for Litecoin exchanges typically lasts until it is either filled or canceled by the user. The duration of a limit order depends on various factors such as market conditions, liquidity, and the specific price and quantity set in the order. It is important to note that limit orders do not have an expiration time like some other order types.
- Dec 29, 2021 · 3 years agoWhen you place a limit order on Binance for Litecoin exchanges, it will remain active until it is executed or manually canceled. This means that if the conditions are not met for the order to be filled, it can stay open for an indefinite period of time. It's always a good practice to regularly review and manage your open orders to ensure they are still relevant to your trading strategy.
- Dec 29, 2021 · 3 years agoAccording to BYDFi, a limit order on Binance for Litecoin exchanges has no specific time limit. It will stay active until it is filled or canceled. This allows traders to set their desired price and wait for the market to reach that level. However, it's important to monitor your orders and make adjustments if necessary, as market conditions can change rapidly.
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