What is the maximum duration for an order to stay active on Binance?

NateApr 07, 2022 · 3 years ago5 answers

Can you please provide information on the maximum duration for an order to stay active on Binance? I am curious to know how long my orders can remain open on the platform.

Binance

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Trading

5 answers

Apr 07, 2022 · 3 years ago
On Binance, the maximum duration for an order to stay active depends on the type of order you place. For limit orders, they will remain active until they are filled or canceled by you. This means that limit orders can stay active for an indefinite period of time. However, it's important to note that Binance has a 'Good Till Canceled' (GTC) policy, which means that if your limit order is not filled within 90 days, it will be automatically canceled by the system. For market orders, they are executed immediately and do not stay active on the order book.
Apr 07, 2022 · 3 years ago
Hey there! So, on Binance, the maximum duration for an order to stay active is determined by the type of order you place. If you go for a limit order, it will stay active until it gets filled or you decide to cancel it. This means that your limit order can remain open for as long as it takes to get filled. However, keep in mind that Binance has a 'Good Till Canceled' (GTC) policy, which means that if your limit order is not filled within 90 days, it will be automatically canceled. On the other hand, market orders are executed instantly and do not stay active on the order book.
Apr 07, 2022 · 3 years ago
According to my knowledge, Binance allows limit orders to stay active until they are filled or canceled by the user. This means that your limit order can stay open for as long as it takes to get filled. However, it's worth mentioning that Binance has a 'Good Till Canceled' (GTC) policy, which means that if your limit order is not filled within 90 days, it will be automatically canceled by the system. As for market orders, they are executed immediately and do not stay active on the order book. Hope this helps!
Apr 07, 2022 · 3 years ago
When it comes to Binance, the maximum duration for an order to stay active depends on the type of order you place. For limit orders, they will remain active until they are filled or canceled by you. This means that limit orders can stay active for an indefinite period of time. However, it's important to note that Binance has a 'Good Till Canceled' (GTC) policy, which means that if your limit order is not filled within 90 days, it will be automatically canceled by the system. Market orders, on the other hand, are executed immediately and do not stay active on the order book.
Apr 07, 2022 · 3 years ago
As an expert in the field, I can confirm that on Binance, the maximum duration for an order to stay active depends on the type of order you place. For limit orders, they will remain active until they are filled or canceled by you. This means that limit orders can stay active for an indefinite period of time. However, it's important to note that Binance has a 'Good Till Canceled' (GTC) policy, which means that if your limit order is not filled within 90 days, it will be automatically canceled by the system. Market orders, on the other hand, are executed immediately and do not stay active on the order book.