common-close-0
BYDFi
Trade wherever you are!

How does GTC+EXT affect the stock market in the cryptocurrency industry?

avatarFaina IvanovaJan 09, 2022 · 3 years ago3 answers

What is the impact of GTC+EXT on the stock market in the cryptocurrency industry? How does it affect trading volume and price fluctuations?

How does GTC+EXT affect the stock market in the cryptocurrency industry?

3 answers

  • avatarJan 09, 2022 · 3 years ago
    GTC+EXT, also known as Good 'Til Canceled with Extended Hours, is a trading feature offered by some cryptocurrency exchanges. It allows users to place orders that remain active until they are executed or canceled, even during extended trading hours. This feature can have a significant impact on the stock market in the cryptocurrency industry. By enabling traders to place orders outside of regular trading hours, GTC+EXT increases trading volume and liquidity. This increased activity can lead to higher price fluctuations, as more orders are being executed. Overall, GTC+EXT provides more flexibility and opportunities for traders in the cryptocurrency market.
  • avatarJan 09, 2022 · 3 years ago
    GTC+EXT is a game-changer in the cryptocurrency industry. With this feature, traders can take advantage of extended trading hours to place orders and react to market movements even when they are not actively monitoring the market. This can be particularly beneficial for traders who have other commitments during regular trading hours. By allowing orders to remain active until executed or canceled, GTC+EXT ensures that traders don't miss out on potential opportunities. It also contributes to increased trading volume and liquidity in the cryptocurrency market. Overall, GTC+EXT enhances the trading experience and brings more flexibility to the stock market in the cryptocurrency industry.
  • avatarJan 09, 2022 · 3 years ago
    GTC+EXT is a trading feature offered by BYDFi, a leading cryptocurrency exchange. It allows users to place orders that remain active until executed or canceled, even during extended trading hours. This feature has a significant impact on the stock market in the cryptocurrency industry. By enabling traders to participate in the market outside of regular trading hours, GTC+EXT increases trading volume and liquidity. This increased activity can lead to higher price fluctuations, providing more opportunities for traders. Overall, GTC+EXT plays a crucial role in shaping the dynamics of the stock market in the cryptocurrency industry.