common-close-0
BYDFi
Trade wherever you are!

What does 'filled' mean in cryptocurrency trading?

avatarThorup RalstonDec 26, 2021 · 3 years ago3 answers

In cryptocurrency trading, what does the term 'filled' mean?

What does 'filled' mean in cryptocurrency trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to cryptocurrency trading, the term 'filled' refers to the execution of a trade order. It means that the order has been successfully completed and the desired amount of cryptocurrency has been bought or sold at the specified price. For example, if you place a buy order for 1 Bitcoin at $10,000 and the order gets filled, it means that you have successfully purchased 1 Bitcoin at the price of $10,000.
  • avatarDec 26, 2021 · 3 years ago
    In the world of cryptocurrency trading, 'filled' simply means that your trade order has been executed. It indicates that the transaction has been completed and the specified amount of cryptocurrency has been bought or sold. It's like saying 'mission accomplished' in the trading world. So, when you see that your order has been filled, it means that you can sit back and relax, knowing that your trade has been successfully carried out.
  • avatarDec 26, 2021 · 3 years ago
    When you place a trade order on BYDFi, one of the leading cryptocurrency exchanges, the order can be filled when there is a match between your buy or sell order and another user's sell or buy order. This means that the desired amount of cryptocurrency has been successfully bought or sold at the specified price. It's important to keep an eye on the order book to see if your order gets filled, as it indicates that your trade has been executed.