What does GTC trading mean in the context of cryptocurrency?

3 answers

• Mar 19, 2022 · 3 years ago
  GTC stands for Good 'Til Canceled trading. In the context of cryptocurrency, GTC trading refers to placing an order to buy or sell a cryptocurrency at a specific price that remains active until it is either executed or canceled by the trader. This type of trading allows traders to set their desired price levels and wait for the market to reach those levels. It is a popular strategy for traders who want to take advantage of specific price levels without constantly monitoring the market.
  490245
• Mar 19, 2022 · 3 years ago
  GTC trading in cryptocurrency is like setting a price alert for a specific cryptocurrency. You specify the price at which you want to buy or sell the cryptocurrency, and the order remains active until it is filled or canceled. It's a convenient way to automate your trading strategy and take advantage of price movements without constantly monitoring the market.
  362121
• Mar 19, 2022 · 3 years ago
  GTC trading is a common feature offered by many cryptocurrency exchanges, including Binance. It allows traders to set buy or sell orders at specific price levels that remain active until they are executed or canceled. This type of trading strategy is useful for traders who want to set their desired price levels and let the market do the rest. It's a popular choice for both experienced and beginner traders.
  409103