common-close-0
BYDFi
Trade wherever you are!

What are the benefits of using GTC+EXT in cryptocurrency exchanges?

avatarJasem KhajesalehiJan 09, 2022 · 3 years ago3 answers

Can you explain the advantages of using GTC+EXT in cryptocurrency exchanges? How does it benefit traders and investors?

What are the benefits of using GTC+EXT in cryptocurrency exchanges?

3 answers

  • avatarJan 09, 2022 · 3 years ago
    GTC+EXT, which stands for Good 'Til Canceled with Extended Hours Trading, offers several benefits for traders and investors in cryptocurrency exchanges. Firstly, it allows users to place orders that remain active until they are executed or canceled, providing flexibility and convenience. Additionally, GTC+EXT enables trading during extended hours, allowing users to take advantage of price movements that occur outside regular trading hours. This can be particularly beneficial for those who are unable to actively monitor the market during regular trading hours. Overall, GTC+EXT enhances the trading experience by providing more control and opportunities for users in cryptocurrency exchanges.
  • avatarJan 09, 2022 · 3 years ago
    Using GTC+EXT in cryptocurrency exchanges has its perks. Traders and investors can place orders that stay active until they are filled or manually canceled, giving them the freedom to set their desired price levels and wait for the market to reach them. This eliminates the need to constantly monitor the market and manually place orders. Additionally, GTC+EXT allows trading during extended hours, which means users can take advantage of price movements that occur outside regular trading hours. This can be particularly useful for those who have other commitments during the day but still want to actively participate in the market. Overall, GTC+EXT provides convenience and flexibility for traders and investors in cryptocurrency exchanges.
  • avatarJan 09, 2022 · 3 years ago
    When it comes to the benefits of using GTC+EXT in cryptocurrency exchanges, BYDFi has got you covered. GTC+EXT offers traders and investors the ability to place orders that remain active until they are executed or canceled, providing them with more control over their trades. This feature allows users to set their desired price levels and wait for the market to reach them, without the need for constant monitoring. Additionally, GTC+EXT enables trading during extended hours, giving users the opportunity to take advantage of price movements that occur outside regular trading hours. Whether you're a seasoned trader or a beginner, GTC+EXT can enhance your trading experience on BYDFi and help you make the most of your investments.