What is the meaning of GTC+EXT in the context of cryptocurrency trading?
AYUSH GUPTA 22BCE10279Jan 09, 2022 · 3 years ago3 answers
In the context of cryptocurrency trading, what does GTC+EXT mean?
3 answers
- Jan 09, 2022 · 3 years agoGTC+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.
- Jan 09, 2022 · 3 years agoGTC+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.
- Jan 09, 2022 · 3 years agoGTC+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.
Related Tags
Hot Questions
- 95
What are the best practices for reporting cryptocurrency on my taxes?
- 90
What are the best digital currencies to invest in right now?
- 83
What is the future of blockchain technology?
- 79
Are there any special tax rules for crypto investors?
- 76
What are the advantages of using cryptocurrency for online transactions?
- 65
How can I buy Bitcoin with a credit card?
- 61
How can I protect my digital assets from hackers?
- 56
How does cryptocurrency affect my tax return?