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What is the duration of a limit order on Binance for Ethereum trading?

avatarMangum FlowersDec 17, 2021 · 3 years ago3 answers

Can you please explain the duration of a limit order on Binance for Ethereum trading? How long does it last and what factors can affect its duration?

What is the duration of a limit order on Binance for Ethereum trading?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    A limit order on Binance for Ethereum trading typically lasts until it is executed or canceled. The duration is not fixed and can vary depending on market conditions and the price at which you set the limit. If the price reaches your limit, the order will be executed and no longer valid. If you cancel the order manually, it will also be terminated immediately. So, the duration of a limit order is flexible and depends on the market and your actions.
  • avatarDec 17, 2021 · 3 years ago
    When you place a limit order on Binance for Ethereum trading, it remains active until it is filled or canceled. The duration is not predetermined and can vary based on various factors such as market liquidity, price volatility, and the specific conditions of the order. It's important to note that if the order is not filled within a certain timeframe, it may expire and be automatically canceled by the exchange. Therefore, it's advisable to regularly monitor your limit orders and make adjustments if necessary.
  • avatarDec 17, 2021 · 3 years ago
    The duration of a limit order on Binance for Ethereum trading is not fixed and can vary depending on market conditions. However, it generally remains active until it is executed or canceled. Once the price reaches the limit you set, the order will be executed and the duration will end. If you manually cancel the order, it will be terminated immediately. It's important to keep an eye on your limit orders and adjust them if needed to take advantage of market opportunities.