How is GTC used in the world of digital currencies?

3 answers

• Nov 30, 2021 · 3 years ago
  GTC, or Good 'Til Canceled, is a type of order commonly used in the world of digital currencies. It allows traders to place an order that remains active until it is either filled or canceled by the trader. This type of order is particularly useful for traders who want to set a specific price at which they are willing to buy or sell a digital currency, and are willing to wait for the market to reach that price. GTC orders can be placed on various cryptocurrency exchanges and are a popular choice among traders.
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• Nov 30, 2021 · 3 years ago
  In the world of digital currencies, GTC is used as a way for traders to set buy or sell orders that remain active until they are executed or canceled. This means that if a trader wants to buy a certain digital currency at a specific price, they can place a GTC order and wait for the market to reach that price. Similarly, if a trader wants to sell a digital currency at a specific price, they can place a GTC order and wait for the market to reach that price. GTC orders provide flexibility and convenience for traders, allowing them to set their desired prices and let the market do the rest.
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• Nov 30, 2021 · 3 years ago
  GTC, also known as Good 'Til Canceled, is a commonly used order type in the world of digital currencies. It allows traders to set buy or sell orders that remain active until they are filled or canceled. This means that traders can set their desired price for buying or selling a digital currency and wait for the market to reach that price. GTC orders are supported by many cryptocurrency exchanges, including BYDFi, and are a popular choice among traders who want to have more control over their trading strategies. With GTC orders, traders can take advantage of market fluctuations and execute their trades at their desired prices.
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