What is the expiration time for a cryptocurrency market order?

3 answers

• Mar 18, 2022 · 3 years ago
  Sure! The expiration time for a cryptocurrency market order refers to the duration for which the order remains active on the exchange. When you place a market order, it is executed immediately at the best available price. However, if the order is not filled within the specified expiration time, it will be automatically canceled by the exchange. The expiration time can vary depending on the exchange and the specific cryptocurrency being traded. It is important to note that the expiration time only applies to market orders and not to other types of orders like limit orders or stop orders.
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• Mar 18, 2022 · 3 years ago
  The expiration time for a cryptocurrency market order is typically set by the exchange and can range from a few minutes to several hours. It is important to check the specific expiration time for the exchange you are using, as it may differ from one platform to another. If your market order expires before it is filled, you will need to place a new order if you still wish to buy or sell the cryptocurrency. It is always a good idea to double-check the expiration time before placing a market order to avoid any unexpected cancellations.
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• Mar 18, 2022 · 3 years ago
  When it comes to BYDFi, the expiration time for a cryptocurrency market order is set at 30 minutes. If your market order is not filled within this time frame, it will be automatically canceled. This expiration time ensures that orders are processed efficiently and prevents any potential issues caused by stale orders. It is important to keep in mind that the expiration time may vary for different cryptocurrencies and exchanges, so it's always a good idea to check the specific terms and conditions of the exchange you are using.
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