What is the meaning of MOC in cryptocurrency trading?

3 answers

• Dec 15, 2021 · 3 years ago
  MOC stands for Market on Close. It is an order type used in cryptocurrency trading that allows traders to buy or sell a specified quantity of a digital asset at the closing price of the trading day. This order is executed at the market price, ensuring that the trade is completed before the market closes. It is commonly used by traders who want to take advantage of the closing price to enter or exit a position.
  413207
• Dec 15, 2021 · 3 years ago
  In cryptocurrency trading, MOC refers to Market on Close. It is a type of order that allows traders to execute a trade at the closing price of the trading day. This order type is useful for traders who want to take advantage of the price movement that often occurs during the closing minutes of the market. By placing an MOC order, traders can ensure that their trade is executed at the market price before the market closes.
  425142
• Dec 15, 2021 · 3 years ago
  MOC, which stands for Market on Close, is a term used in cryptocurrency trading. It refers to an order type that allows traders to buy or sell a specified quantity of a digital asset at the closing price of the trading day. This order is executed at the market price, ensuring that the trade is completed before the market closes. BYDFi, a popular cryptocurrency exchange, offers MOC orders to its users, providing them with a convenient way to enter or exit positions at the end of the trading day.
  499125