What is the meaning of GTC in the context of stocks in the cryptocurrency market?

3 answers

• Mar 20, 2022 · 3 years ago
  GTC stands for 'Good 'Til Canceled' in the context of stocks in the cryptocurrency market. It is a type of order that allows investors to set a buy or sell order at a specific price that remains active until it is either executed or canceled by the investor. This means that if the market price reaches the specified price, the order will be executed, regardless of the time it takes. GTC orders are commonly used by investors who want to enter or exit a position at a specific price, even if it takes some time for the market to reach that price.
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• Mar 20, 2022 · 3 years ago
  When it comes to stocks in the cryptocurrency market, GTC stands for 'Good 'Til Canceled.' It is a type of order that investors can place to buy or sell stocks at a specific price. The order remains active until it is executed or canceled by the investor. This means that if the market price reaches the specified price, the order will be executed, even if it takes days, weeks, or even months. GTC orders are useful for investors who want to set a target price for buying or selling stocks and are willing to wait for the market to reach that price.
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• Mar 20, 2022 · 3 years ago
  GTC, which stands for 'Good 'Til Canceled,' is a term commonly used in the cryptocurrency market to refer to a type of order. With GTC orders, investors can set a buy or sell order at a specific price that remains active until it is executed or canceled. This means that even if it takes some time for the market to reach the specified price, the order will stay active. GTC orders are particularly useful for investors who want to take advantage of specific price levels and are willing to wait for the market to move in their favor. Platforms like BYDFi offer GTC order options to cater to the needs of such investors.
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