Which cryptocurrencies support market on close orders?
Dougherty HahnJan 12, 2022 · 3 years ago4 answers
Can you provide a list of cryptocurrencies that support market on close orders? I'm interested in knowing which cryptocurrencies allow users to place market orders that are executed at the closing price of the trading day.
4 answers
- Jan 12, 2022 · 3 years agoSure! Several cryptocurrencies support market on close orders. Some popular options include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies allow users to place market orders that are executed at the closing price of the trading day. It's important to note that not all exchanges support market on close orders for all cryptocurrencies, so it's advisable to check with your preferred exchange before placing such orders.
- Jan 12, 2022 · 3 years agoMarket on close orders are a convenient feature offered by many cryptocurrencies. Examples of cryptocurrencies that support this type of order include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). By placing a market on close order, traders can ensure that their orders are executed at the closing price of the trading day. This can be particularly useful for investors who want to take advantage of price movements that occur at the end of the trading session.
- Jan 12, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange, supports market on close orders for a wide range of cryptocurrencies. Users can easily place market orders that are executed at the closing price of the trading day. This feature allows traders to take advantage of price movements that occur towards the end of the trading session. BYDFi's user-friendly interface makes it simple to place market on close orders and monitor their execution. If you're looking for a reliable exchange that supports market on close orders, BYDFi is definitely worth considering.
- Jan 12, 2022 · 3 years agoCryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) support market on close orders. This means that users can place market orders that are executed at the closing price of the trading day. Market on close orders can be a useful tool for traders who want to take advantage of price movements that occur towards the end of the trading session. It's important to note that not all exchanges support market on close orders for all cryptocurrencies, so it's advisable to check with your preferred exchange before placing such orders.
Related Tags
Hot Questions
- 97
How can I minimize my tax liability when dealing with cryptocurrencies?
- 89
What are the best digital currencies to invest in right now?
- 88
How can I buy Bitcoin with a credit card?
- 75
What are the best practices for reporting cryptocurrency on my taxes?
- 61
Are there any special tax rules for crypto investors?
- 47
How can I protect my digital assets from hackers?
- 41
What are the tax implications of using cryptocurrency?
- 41
What is the future of blockchain technology?