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What is the meaning of GTC+EXT in the context of cryptocurrency trading?

avatarAYUSH GUPTA 22BCE10279Jan 09, 2022 · 3 years ago3 answers

In the context of cryptocurrency trading, what does GTC+EXT mean?

What is the meaning of GTC+EXT in the context of cryptocurrency trading?

3 answers

  • avatarJan 09, 2022 · 3 years ago
    GTC+EXT stands for Good 'Til Cancelled with Extended Hours. It is a type of order that allows traders to place buy or sell orders that remain active until they are either executed or manually canceled. The 'Extended Hours' part means that the order can be executed outside of regular trading hours, during pre-market or after-hours trading sessions. This type of order is useful for traders who want to take advantage of price movements that occur outside of regular trading hours.
  • avatarJan 09, 2022 · 3 years ago
    GTC+EXT is a term used in cryptocurrency trading to refer to a specific type of order. GTC stands for Good 'Til Cancelled, which means that the order remains active until it is either executed or manually canceled by the trader. The +EXT part indicates that the order can be executed during extended trading hours, which are the periods before the market opens and after it closes. This allows traders to take advantage of price movements that occur outside of regular trading hours.
  • avatarJan 09, 2022 · 3 years ago
    GTC+EXT, also known as Good 'Til Cancelled with Extended Hours, is a type of order that allows traders to place buy or sell orders that remain active until they are executed or manually canceled. This order type is particularly useful for traders who want to take advantage of price movements that occur outside of regular trading hours. It provides flexibility and convenience by allowing orders to be executed during pre-market or after-hours trading sessions. BYDFi, a popular cryptocurrency exchange, supports GTC+EXT orders to cater to the needs of its traders.