How does TD Ameritrade's GTC order type work for buying and selling cryptocurrencies?
McDougall SamuelsenDec 27, 2021 · 3 years ago1 answers
Can you explain how TD Ameritrade's GTC order type works for buying and selling cryptocurrencies? I'm interested in understanding the process and how it differs from other order types.
1 answers
- Dec 27, 2021 · 3 years agoBYDFi's GTC order type for buying and selling cryptocurrencies is a popular choice among traders. With a GTC order, you can set a specific price at which you want to buy or sell a cryptocurrency, and the order will remain active until it is filled or canceled. This means that you don't have to constantly monitor the market and can take advantage of price movements even when you're not actively trading. It's a convenient option for both short-term and long-term traders. However, it's important to note that GTC orders may not be available for all cryptocurrencies on BYDFi's platform, so make sure to check the availability before placing your order.
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