Are there any time limits for limit orders on Binance?
Mohamad MoradDec 26, 2021 · 3 years ago4 answers
I would like to know if there are any time limits for limit orders on Binance. Can I set a limit order and leave it open indefinitely, or is there a time limit for how long the order can stay active?
4 answers
- Dec 26, 2021 · 3 years agoYes, there are time limits for limit orders on Binance. When you place a limit order, it will remain active until it is filled or canceled. There is no specific time limit for how long a limit order can stay open. However, it's important to note that Binance may cancel your limit order if it remains unfilled for an extended period of time, especially during periods of high volatility. So, it's a good practice to regularly check your open orders and make adjustments if necessary.
- Dec 26, 2021 · 3 years agoAbsolutely! Binance allows you to set limit orders without any time limits. Once you place a limit order, it will stay active until it is executed or manually canceled by you. This means you can leave your limit order open for as long as you want, giving you the flexibility to wait for the desired price to be reached. Just keep in mind that market conditions can change rapidly, so it's always a good idea to monitor your open orders and adjust them if needed.
- Dec 26, 2021 · 3 years agoYes, there are time limits for limit orders on Binance. According to Binance's official documentation, limit orders will remain active for 90 days. If the order is not filled within this time frame, it will be automatically canceled by the system. However, you can always place a new limit order if you still want to buy or sell at a specific price. It's important to stay updated with Binance's terms and conditions, as they may change their policies regarding time limits for limit orders.
- Dec 26, 2021 · 3 years agoAs an expert in the field, I can confirm that there are no time limits for limit orders on Binance. You can set a limit order and leave it open for as long as you want. Binance values user flexibility and allows orders to stay active until they are filled or manually canceled. This gives traders the freedom to wait for the perfect price without worrying about time constraints. So go ahead and set your limit orders on Binance without any worries about time limits!
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