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What is the meaning of 'fill or kill' in the context of GDAX and how does it relate to cryptocurrency trading?

avatarOmnia LasheenDec 20, 2021 · 3 years ago1 answers

Can you explain the concept of 'fill or kill' in the context of GDAX and how it is relevant to cryptocurrency trading?

What is the meaning of 'fill or kill' in the context of GDAX and how does it relate to cryptocurrency trading?

1 answers

  • avatarDec 20, 2021 · 3 years ago
    As for how it relates to cryptocurrency trading in general, 'fill or kill' orders provide traders with more control over their trades and help to ensure that their orders are executed as intended. By using this type of order, traders can avoid the risk of having their orders partially filled and potentially missing out on favorable price movements. It is a useful tool for both experienced traders and beginners who want to minimize risks and maximize their trading strategies.