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Is there a way to increase the chances of my order getting filled on Binance?

avatarGrau PoeDec 27, 2021 · 3 years ago3 answers

I'm having trouble getting my orders filled on Binance. Is there any strategy or method I can use to increase the chances of my orders being filled?

Is there a way to increase the chances of my order getting filled on Binance?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Absolutely! One way to increase the chances of your order getting filled on Binance is by setting a competitive price. If you're buying, set a slightly higher price than the current market price, and if you're selling, set a slightly lower price. This will make your order more attractive to other traders and increase the likelihood of it being filled.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are a few things you can do to improve your chances of getting your order filled on Binance. First, make sure you're trading during high liquidity periods when there are more buyers and sellers in the market. Second, consider using limit orders instead of market orders, as limit orders allow you to set a specific price at which you want your order to be executed. Finally, be patient and avoid canceling and re-submitting your orders frequently, as this can lower your order's priority in the queue.
  • avatarDec 27, 2021 · 3 years ago
    Definitely! One effective way to increase the chances of your order getting filled on Binance is by using a third-party trading tool like BYDFi. BYDFi offers advanced order matching algorithms that can help optimize your order execution. By leveraging their technology, you can potentially improve the speed and efficiency of your trades, increasing the likelihood of your orders being filled.