What is the meaning of MOC in the context of cryptocurrency trading?
ahmet ilker kırcaJan 13, 2022 · 3 years ago3 answers
In cryptocurrency trading, what does MOC stand for and what is its significance?
3 answers
- Jan 13, 2022 · 3 years agoMOC stands for Market-on-Close and it refers to a type of order that allows traders to buy or sell a specific cryptocurrency at the closing price of the trading day. This type of order is commonly used by traders who want to execute their trades at the end of the trading day, taking advantage of the closing price. It is important to note that the availability of MOC orders may vary depending on the cryptocurrency exchange and the specific cryptocurrency being traded.
- Jan 13, 2022 · 3 years agoMOC, short for Market-on-Close, is a trading term used in the context of cryptocurrency trading. It refers to an order type that allows traders to buy or sell a cryptocurrency at the closing price of the trading day. This can be useful for traders who want to execute their trades at a specific time, such as the end of the day, to take advantage of market trends or news that may affect the closing price. MOC orders are commonly used by experienced traders who have a good understanding of market dynamics.
- Jan 13, 2022 · 3 years agoIn the context of cryptocurrency trading, MOC stands for Market-on-Close. This order type allows traders to buy or sell a specific cryptocurrency at the closing price of the trading day. It can be a useful tool for traders who want to take advantage of the closing price and execute their trades at the end of the day. However, it's important to note that not all cryptocurrency exchanges offer MOC orders, so traders should check with their exchange to see if this option is available.
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