What is the expiration time for limit orders on Binance?

5 answers

• paula immanuelNov 04, 2021 · 4 years ago
  When it comes to limit orders on Binance, the expiration time refers to the duration for which the order remains active. The expiration time can vary depending on the type of limit order you place. For example, if you set a Good 'Til Canceled (GTC) limit order, it will remain active until it is either filled or manually canceled by you. On the other hand, Immediate or Cancel (IOC) and Fill or Kill (FOK) limit orders have a very short expiration time and are typically executed immediately or canceled if they cannot be filled entirely. It's important to note that the expiration time for limit orders can also be affected by market conditions and specific trading pairs. Therefore, it's always a good idea to double-check the expiration time when placing a limit order on Binance.
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• Harbey BriceñoJun 19, 2022 · 4 years ago
  The expiration time for limit orders on Binance depends on the type of order you place. If you set a Good 'Til Canceled (GTC) limit order, it will remain active until it is filled or manually canceled. This means that your order can stay open for an extended period of time, even days or weeks, until it is executed. On the other hand, Immediate or Cancel (IOC) and Fill or Kill (FOK) limit orders have a very short expiration time. These types of orders are designed to be executed immediately or canceled if they cannot be filled entirely. So, if you want your limit order to stay active for a longer duration, it's best to choose a GTC order.
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• Gregory JohnApr 24, 2021 · 5 years ago
  When it comes to the expiration time for limit orders on Binance, it's important to understand that it can vary depending on the type of order you place. Binance offers different order types, including Good 'Til Canceled (GTC), Immediate or Cancel (IOC), and Fill or Kill (FOK). GTC orders have no specific expiration time and will remain active until filled or manually canceled. On the other hand, IOC and FOK orders have a very short expiration time and are designed to be executed immediately or canceled if they cannot be filled entirely. It's worth noting that Binance provides a user-friendly interface where you can easily set the expiration time and choose the order type that suits your trading strategy.
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• Bundgaard NicolaisenMar 06, 2023 · 3 years ago
  The expiration time for limit orders on Binance can vary depending on the type of order you choose. If you set a Good 'Til Canceled (GTC) limit order, it will remain active until it is filled or manually canceled. This means that your order can stay open for as long as it takes to be executed. However, if you opt for an Immediate or Cancel (IOC) or Fill or Kill (FOK) limit order, the expiration time is very short. These types of orders are designed to be executed immediately or canceled if they cannot be filled entirely. So, if you want your limit order to have a longer expiration time, it's recommended to choose a GTC order.
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• he liangMar 28, 2024 · 2 years ago
  When it comes to limit orders on Binance, the expiration time can vary depending on the type of order you place. For Good 'Til Canceled (GTC) limit orders, there is no specific expiration time, and they will remain active until filled or manually canceled. On the other hand, Immediate or Cancel (IOC) and Fill or Kill (FOK) limit orders have a very short expiration time. These types of orders are designed to be executed immediately or canceled if they cannot be filled entirely. It's important to consider your trading strategy and the specific market conditions when choosing the expiration time for your limit orders on Binance.
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