What does GTD mean in the context of cryptocurrency?
Muhammad Fajrin AljabarDec 26, 2021 · 3 years ago3 answers
Can you explain what GTD means in the context of cryptocurrency? I've come across this term but I'm not sure what it stands for or how it relates to the cryptocurrency industry.
3 answers
- Dec 26, 2021 · 3 years agoGTD stands for 'Good Till Date' in the context of cryptocurrency. It is a type of order that allows traders to set a specific date until which their order remains active. This means that if the order is not filled by the specified date, it will be automatically canceled. GTD orders are commonly used by traders who want to set a specific timeframe for their trades, especially when they are not able to actively monitor the market.
- Dec 26, 2021 · 3 years agoIn the world of cryptocurrency, GTD refers to 'Good Till Date' orders. These orders allow traders to specify a date until which their order remains valid. This is particularly useful for traders who want to set a specific timeframe for their trades, as it allows them to plan their trading strategies accordingly. GTD orders can help traders avoid missing out on potential trading opportunities by ensuring that their orders remain active until the specified date.
- Dec 26, 2021 · 3 years agoGTD, which stands for 'Good Till Date', is a term commonly used in the cryptocurrency industry to refer to a type of order. With GTD orders, traders can set a specific date until which their order remains active. This can be useful for traders who want to take advantage of short-term trading opportunities or who want to plan their trades based on specific market conditions. GTD orders provide traders with more flexibility and control over their trades, allowing them to set a timeframe that aligns with their trading strategies.
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