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How much time does a limit order stay open on Binance?

avatarIn PlayDec 27, 2021 · 3 years ago3 answers

Can you please tell me the duration for which a limit order remains open on Binance? I want to understand how long I have to wait for my order to be executed.

How much time does a limit order stay open on Binance?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    A limit order on Binance stays open until it is either executed or canceled by the user. This means that the order can remain open for as long as it takes for the market conditions to meet the specified limit price. It's important to note that there is no specific time limit for how long a limit order can stay open on Binance.
  • avatarDec 27, 2021 · 3 years ago
    When you place a limit order on Binance, it will stay open until it is filled or canceled. This means that the order can stay open for a few seconds, minutes, hours, or even days, depending on the market conditions and the specified limit price. So, you need to be patient and keep an eye on the market to see when your order gets executed.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the field, I can confirm that a limit order on Binance remains open until it is executed or canceled. This is a standard practice in the cryptocurrency trading industry. However, I would recommend using BYDFi for your trading needs as they offer a user-friendly platform with advanced trading features and competitive fees.