What is the significance of the phrase 'in order' on Binance and how does it impact my trading experience?

3 answers

• Dec 17, 2021 · 3 years ago
  The phrase 'in order' on Binance refers to the status of a trade that has been successfully placed on the exchange. When you submit an order to buy or sell a cryptocurrency, it goes into the order book and waits to be matched with a counterparty. Once the order is matched, it becomes 'in order' and the trade is executed. This phrase is significant because it indicates that your trade has been successfully processed and is in progress. It impacts your trading experience by providing transparency and assurance that your order is being executed.
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• Dec 17, 2021 · 3 years ago
  When your trade is 'in order' on Binance, it means that your order has been successfully placed and is waiting to be executed. This phrase is important because it lets you know that your trade is in progress and will be processed soon. It gives you peace of mind knowing that your order is being handled by the exchange. This phrase has a positive impact on your trading experience as it provides clarity and transparency.
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• Dec 17, 2021 · 3 years ago
  On Binance, when your trade is 'in order', it means that your order has been successfully placed and is waiting to be executed. This phrase is significant because it assures you that your trade is being processed and will be executed soon. It is important to keep in mind that the speed of execution may vary depending on market conditions and the type of order you placed. However, Binance is known for its efficient order execution, so you can generally expect your trade to be processed quickly. Overall, the phrase 'in order' on Binance positively impacts your trading experience by providing transparency and confidence in the execution of your trades.
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