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What are the different time in force options available for cryptocurrency trades on Webull?

avataromkar kadamDec 26, 2021 · 3 years ago1 answers

Can you explain the different time in force options available for cryptocurrency trades on Webull? I'm new to trading and want to understand how these options work.

What are the different time in force options available for cryptocurrency trades on Webull?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers a range of time in force options for cryptocurrency trades. These options include 'Good for Day' (GFD), 'Good till Canceled' (GTC), and 'Immediate or Cancel' (IOC). GFD means that the order will remain active until the end of the trading day. GTC means that the order will remain active until it is manually canceled. IOC means that the order must be executed immediately, and any portion of the order that cannot be filled immediately will be canceled. These options provide flexibility and control for traders when it comes to executing their cryptocurrency trades on BYDFi.