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TagsHow does GTC affect the trading of digital currencies?
Lucas MedinaDec 18, 2021 · 3 years ago1 answersCan you explain how the Good 'Til Canceled (GTC) order type affects the trading of digital currencies? How does it work and what impact does it have on the market?
1 answers
- At BYDFi, we also offer the GTC order type to our users. It provides them with the flexibility to set their desired price and wait for the market to reach that level. GTC orders can be a useful tool for traders who want to take advantage of specific price levels in the digital currency market. However, it's important to carefully consider your trading strategy and risk tolerance before using GTC orders, as they may not be suitable for all traders. It's always a good idea to stay informed about the latest market trends and news to make informed trading decisions.Dec 18, 2021 · 3 years ago
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