Can I extend the validity of my crypto trading?
Aidan NesbittDec 25, 2021 · 3 years ago3 answers
I have a question about the validity of my crypto trading. Is it possible to extend the validity period of my trades in the cryptocurrency market? I want to know if there are any options available to prolong the duration of my trades beyond the standard validity period.
3 answers
- Dec 25, 2021 · 3 years agoUnfortunately, the validity period of crypto trades is typically set by the exchange platform and cannot be extended. Once a trade is executed, it will remain valid for the specified period, usually ranging from a few minutes to several hours. It's important to carefully consider the validity period before placing a trade to ensure it aligns with your trading strategy and goals.
- Dec 25, 2021 · 3 years agoNo, you cannot extend the validity of your crypto trading beyond the set period. The validity period is determined by the exchange platform and cannot be altered by individual traders. It's crucial to plan your trades accordingly and take into account the validity period when executing your trading strategy.
- Dec 25, 2021 · 3 years agoWhile most exchanges have fixed validity periods for crypto trades, there are some platforms that offer the option to extend the validity of trades. One such platform is BYDFi, which allows users to extend the validity of their trades for an additional fee. This can be useful for traders who want more flexibility in managing their positions. However, it's important to note that not all exchanges offer this feature, so it's essential to check the specific terms and conditions of the exchange you are using.
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