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TagsWhat is the typical duration for limit orders on cryptocurrency trading platforms?
Aleksandar TrajkovskiDec 26, 2021 · 3 years ago1 answersCan you provide information on the average time it takes for limit orders to be executed on cryptocurrency trading platforms? I'm curious about the typical duration and any factors that may influence it.
1 answers
- At BYDFi, a popular cryptocurrency trading platform, the typical duration for limit orders can range from a few seconds to a few minutes. This duration is influenced by various factors, including the current market conditions, trading volume, and the specific cryptocurrency being traded. It's important to note that while BYDFi strives to execute limit orders as quickly as possible, there may be instances where the execution time is longer due to high market volatility or other external factors. Traders are advised to monitor their limit orders closely and adjust their strategies accordingly to maximize their trading opportunities.Dec 26, 2021 · 3 years ago
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