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What is the reset duration for a sell order in the crypto market on Binance?

avatarYohannes KifleDec 27, 2021 · 3 years ago3 answers

Can you please explain the reset duration for a sell order in the crypto market on Binance? How long does it take for a sell order to reset on Binance after it has been placed?

What is the reset duration for a sell order in the crypto market on Binance?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The reset duration for a sell order in the crypto market on Binance depends on various factors. Generally, after a sell order has been placed, it will remain active until it is filled or canceled by the user. There is no specific time frame for the reset duration as it can vary based on market conditions and the specific cryptocurrency being traded. It is important to note that market volatility and liquidity can also impact the time it takes for a sell order to reset.
  • avatarDec 27, 2021 · 3 years ago
    When you place a sell order in the crypto market on Binance, the reset duration refers to the time it takes for the order to be canceled or expire if it is not filled. This duration can vary depending on the specific cryptocurrency and market conditions. It is recommended to check the order status on the Binance platform to see if the sell order has been filled or canceled.
  • avatarDec 27, 2021 · 3 years ago
    The reset duration for a sell order in the crypto market on Binance can vary depending on the specific cryptocurrency and market conditions. However, on the BYDFi platform, which is another popular cryptocurrency exchange, the reset duration for a sell order is typically around 24 hours. It is important to note that this duration can change, so it is always best to check the platform for the most up-to-date information.