What does GTC mean in the context of cryptocurrency?

3 answers

• Mar 17, 2022 · 3 years ago
  GTC stands for Good 'Til Canceled, which is a type of order in cryptocurrency trading. When you place a GTC order, it remains active until it is either filled or canceled by the trader. This means that the order will stay in the order book until it is executed or manually canceled. GTC orders are commonly used by traders who want to set a specific price at which they are willing to buy or sell a cryptocurrency, and are willing to wait for the market to reach that price.
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• Mar 17, 2022 · 3 years ago
  GTC is short for Good 'Til Canceled, and it is a term used in cryptocurrency trading. When you place a GTC order, it means that the order will remain active until it is either filled or canceled. This type of order is useful for traders who want to set a specific price at which they are willing to buy or sell a cryptocurrency, and are not in a hurry to execute the trade. GTC orders can be placed on various cryptocurrency exchanges and are a common feature in trading platforms.
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• Mar 17, 2022 · 3 years ago
  GTC, or Good 'Til Canceled, is a term used in cryptocurrency trading to describe an order that remains active until it is filled or manually canceled. This type of order allows traders to set a specific price at which they want to buy or sell a cryptocurrency, and the order will stay in the order book until that price is reached. GTC orders are commonly used by traders who want to take advantage of potential price movements in the market and are willing to wait for the right opportunity to execute their trades. Many cryptocurrency exchanges support GTC orders, including popular platforms like Binance and Coinbase.
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