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What does 'order filled meaning' refer to in the context of cryptocurrency trading?

avatarShoaib GamingDec 26, 2021 · 3 years ago3 answers

In the context of cryptocurrency trading, what is the meaning of 'order filled'? How is it related to the execution of trades?

What does 'order filled meaning' refer to in the context of cryptocurrency trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When we talk about 'order filled' in cryptocurrency trading, it refers to the status of an order when it has been completely executed. This means that the trade has been successfully completed and the buyer has received the desired amount of cryptocurrency, while the seller has received the corresponding amount of funds. It indicates that the transaction has been fulfilled and the assets have been transferred between parties.
  • avatarDec 26, 2021 · 3 years ago
    In cryptocurrency trading, 'order filled' simply means that your trade has been executed and completed. It signifies that the exchange has matched your buy or sell order with a corresponding order from another trader, and the transaction has been successfully processed. It is an important term to understand as it indicates the completion of a trade and the transfer of assets.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to cryptocurrency trading, 'order filled' refers to the status of an order when it has been fully executed. It means that the trade has been successfully processed and the desired amount of cryptocurrency has been bought or sold. This status is crucial for traders to track their transactions and ensure that their orders have been executed as intended. It is an important aspect of trading to understand in order to effectively manage one's portfolio.