Questions
TagsWhat are the different time in force options available for cryptocurrency orders?
Karsh SoniMar 20, 2022 · 3 years ago1 answersCan you explain the various time in force options that are available for placing cryptocurrency orders? I'm curious to know how these options work and when it's appropriate to use each one.
1 answers
- Certainly! Let's talk about the different time in force options available for cryptocurrency orders. BYDFi, for example, offers three main options: GTC, IOC, and FOK. GTC orders remain active until you cancel them, while IOC orders are executed immediately and any unfilled portion is canceled. FOK orders must be filled entirely or canceled completely. Each option has its own benefits and should be chosen based on your trading strategy and the specific market conditions. Remember to consider factors such as liquidity and volatility when selecting the appropriate time in force option for your cryptocurrency orders.Mar 20, 2022 · 3 years ago
Related questions
- 96
What are the best digital currencies to invest in right now?
- 80
Are there any special tax rules for crypto investors?
- 66
How can I buy Bitcoin with a credit card?
Load 5 more related questions
Related Tags
Hot Questions
- 96
What are the best digital currencies to invest in right now?
- 80
Are there any special tax rules for crypto investors?
- 66
How can I buy Bitcoin with a credit card?
- 59
How can I minimize my tax liability when dealing with cryptocurrencies?
- 58
What are the best practices for reporting cryptocurrency on my taxes?
- 49
What are the tax implications of using cryptocurrency?
- 41
How does cryptocurrency affect my tax return?
- 40
How can I protect my digital assets from hackers?