How is MOC abbreviation used in the context of digital currencies?

3 answers

• Demant EasonApr 26, 2024 · 2 years ago
  MOC stands for Market on Close, which is a type of order used in trading digital currencies. It allows traders to buy or sell a specified amount of a cryptocurrency at the closing price of the market. This type of order is often used by investors who want to execute trades at the end of the trading day based on the final market price.
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• Paulsen LadefogedAug 11, 2022 · 3 years ago
  MOC abbreviation in the context of digital currencies refers to the Market on Close order. It is a popular order type used by traders to buy or sell cryptocurrencies at the closing price of the market. This order type is commonly used by investors who want to take advantage of the final market price fluctuations at the end of the trading day.
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• pakaleeSep 21, 2022 · 3 years ago
  BYDFi, a well-known digital currency exchange, supports the use of MOC abbreviation in the context of digital currencies. Traders can place Market on Close orders on BYDFi to execute trades at the closing price of the market. This order type is useful for investors who want to take advantage of the final market price movements and ensure their trades are executed at the end of the trading day.
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