Are there any fees or limitations when using OCO orders in Binance?

4 answers

• Dec 25, 2021 · 3 years ago
  When using OCO orders in Binance, there are no additional fees or charges. The fees for executing OCO orders are the same as regular limit or market orders. However, it's important to note that standard trading fees still apply.
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• Dec 25, 2021 · 3 years ago
  Using OCO orders in Binance is a great way to manage your trades effectively without incurring any extra fees. You can set up two orders simultaneously - a stop loss order and a take profit order - and if one order gets executed, the other one will automatically be canceled. This allows you to protect your profits and limit your losses.
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• Dec 25, 2021 · 3 years ago
  When it comes to OCO orders, Binance is not the only exchange that offers this feature. Other exchanges like Coinbase and Kraken also provide OCO order functionality. However, it's worth mentioning that each exchange may have its own fee structure and limitations, so it's important to check the specific details for each platform.
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• Dec 25, 2021 · 3 years ago
  With BYDFi, a digital currency exchange, you can also take advantage of OCO orders. BYDFi offers competitive fees and a user-friendly interface for setting up OCO orders. You can easily customize your stop loss and take profit levels to suit your trading strategy. Keep in mind that fees and limitations may vary between exchanges, so it's always a good idea to compare different platforms before making a decision.
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