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How can I place MOC orders today for buying cryptocurrencies?

avatarMANIK BHARDWAJNov 30, 2021 · 3 years ago3 answers

I want to buy cryptocurrencies using MOC (Market On Close) orders. How can I place MOC orders today? Are there any specific steps or platforms I need to use?

How can I place MOC orders today for buying cryptocurrencies?

3 answers

  • avatarNov 30, 2021 · 3 years ago
    Sure thing! Placing MOC orders for buying cryptocurrencies is a simple process. First, you need to find a reliable cryptocurrency exchange that supports MOC orders. Some popular exchanges like Binance, Coinbase, and Kraken offer this feature. Once you have an account on the exchange, you can navigate to the trading section and select the cryptocurrency you want to buy. Look for the option to place an MOC order, usually located in the order type dropdown menu. Specify the quantity and any other relevant details, and submit your order. The exchange will execute the order at the closing price of the trading day.
  • avatarNov 30, 2021 · 3 years ago
    No worries! Placing MOC orders for buying cryptocurrencies is not as complicated as it may seem. To get started, you'll need to choose a cryptocurrency exchange that supports MOC orders. Some popular exchanges like Binance, Coinbase, and Kraken offer this functionality. Once you have an account on the exchange, navigate to the trading section and select the cryptocurrency you want to buy. Look for the option to place an MOC order, usually located in the order type dropdown menu. Enter the quantity you wish to purchase and any other necessary details, then submit your order. The exchange will execute the order at the closing price of the trading day.
  • avatarNov 30, 2021 · 3 years ago
    Certainly! To place MOC orders for buying cryptocurrencies, you can use the BYDFi platform. BYDFi is a reliable cryptocurrency exchange that supports MOC orders. To get started, create an account on BYDFi and complete the necessary verification process. Once your account is set up, navigate to the trading section and select the cryptocurrency you want to buy. Look for the MOC order option, usually located in the order type dropdown menu. Specify the quantity you wish to purchase and any additional details, then submit your order. BYDFi will execute the order at the closing price of the trading day.