What does FOK mean in the context of cryptocurrency trading?

3 answers

• Jan 05, 2022 · 3 years ago
  FOK stands for Fill Or Kill in cryptocurrency trading. It is a type of order that requires the entire order to be executed immediately and in its entirety. If the order cannot be filled completely, it will be canceled. FOK orders are commonly used when traders want to ensure that their order is executed quickly and at the desired price. This type of order can help prevent partial fills and slippage.
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• Jan 05, 2022 · 3 years ago
  In the context of cryptocurrency trading, FOK refers to Fill Or Kill. It means that the order must be filled completely or canceled. This type of order is often used by traders who want to avoid partial fills and ensure that their order is executed at the desired price. FOK orders can be useful in volatile markets where prices can change rapidly.
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• Jan 05, 2022 · 3 years ago
  Fill Or Kill (FOK) is a term used in cryptocurrency trading to describe an order type that requires the entire order to be filled immediately or canceled. This means that if the exchange cannot fill the entire order, it will be canceled instead of being partially filled. FOK orders are commonly used by traders who want to ensure that their orders are executed quickly and without any partial fills. It can be a useful tool in fast-moving markets where prices can change rapidly. Please note that different exchanges may have slight variations in their FOK order implementation, so it's always a good idea to check the specific exchange's documentation for more details.
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