What does GTD means in the context of cryptocurrency?

3 answers

• Dec 17, 2021 · 3 years ago
  GTD stands for 'Good Till Date' in the context of cryptocurrency. It is a type of order that remains active until a specified date, unless it is executed or canceled before that. This type of order is commonly used by traders who want to set a specific price target for buying or selling cryptocurrencies and want the order to remain active until that target is reached or the specified date passes. It provides traders with more control over their trading strategy and allows them to automate their trades based on predetermined conditions.
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• Dec 17, 2021 · 3 years ago
  GTD is an abbreviation for 'Good Till Date' in the cryptocurrency world. It refers to an order type that remains valid until a specified date, regardless of market conditions. This means that if you place a GTD order to buy or sell a cryptocurrency, it will stay active until the specified date, giving you more flexibility and convenience in managing your trades. GTD orders are particularly useful for traders who want to set long-term price targets or execute trades at specific times, even if they are not actively monitoring the market.
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• Dec 17, 2021 · 3 years ago
  GTD, which stands for 'Good Till Date', is a term commonly used in the cryptocurrency trading industry. It refers to an order type that remains active until a specified date, providing traders with more flexibility in managing their trades. For example, if you place a GTD order to buy Bitcoin at a certain price, the order will remain active until the specified date, allowing you to potentially take advantage of price fluctuations during that period. GTD orders are popular among traders who want to set specific price targets or execute trades at specific times without constantly monitoring the market. At BYDFi, we offer GTD orders to our users, allowing them to optimize their trading strategies and achieve their investment goals.
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