What is the duration for which limit orders remain open on Binance?
Copeland BaldwinDec 26, 2021 · 3 years ago3 answers
Can you please explain how long limit orders stay open on Binance? I'm interested in knowing the specific duration for which these orders remain active on the platform.
3 answers
- Dec 26, 2021 · 3 years agoLimit orders on Binance remain open until they are filled or canceled by the user. This means that the duration for which a limit order remains active can vary depending on market conditions and the specific price and quantity specified in the order. It's important to note that limit orders do not have an expiration time on Binance, so they can stay open for as long as it takes for the conditions of the order to be met.
- Dec 26, 2021 · 3 years agoWhen you place a limit order on Binance, it will remain open until it is executed or canceled. This means that the duration for which a limit order stays active is not fixed and can vary depending on various factors such as market liquidity and the specific parameters of the order. Binance does not impose any time limit on limit orders, allowing traders to keep their orders open for as long as they want.
- Dec 26, 2021 · 3 years agoOn Binance, limit orders can remain open indefinitely until they are filled or canceled. This means that there is no specific duration for which these orders stay active on the platform. As long as the conditions specified in the limit order are not met, it will continue to stay open. However, it's important to regularly review and manage your open orders to ensure they are still relevant and in line with your trading strategy.
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