What happens if a time-in-force expires before my cryptocurrency order is filled?
Hussain TrolleDec 26, 2021 · 3 years ago3 answers
What will happen if the time-in-force for my cryptocurrency order expires before it gets filled?
3 answers
- Dec 26, 2021 · 3 years agoIf the time-in-force for your cryptocurrency order expires before it gets filled, the order will be automatically canceled by the exchange. This means that your order will not be executed and you will not be able to buy or sell the cryptocurrency at the desired price. It is important to set an appropriate time-in-force for your orders to ensure that they have enough time to be filled.
- Dec 26, 2021 · 3 years agoWhen the time-in-force for your cryptocurrency order expires, it's like a missed opportunity. The order will be canceled and you'll have to place a new order if you still want to buy or sell the cryptocurrency. So, make sure to keep an eye on the expiration time and adjust it accordingly to avoid missing out on potential trades.
- Dec 26, 2021 · 3 years agoIf the time-in-force for your cryptocurrency order expires before it gets filled, you may need to reevaluate your trading strategy. This could be an indication that the market conditions are not favorable for your order to be executed. It's important to stay updated on the market trends and adjust your orders accordingly to increase the chances of successful trades. At BYDFi, we recommend setting a time-in-force that aligns with your trading goals and market conditions to optimize your trading experience.
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