How does GTC+EXT affect the execution of cryptocurrency trades?

1 answers

• Thurston RasmussenNov 27, 2023 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that GTC+EXT can have a significant impact on the execution of trades. The GTC feature allows traders to place orders that remain active until they are filled or canceled, which provides more flexibility and convenience. The EXT feature, on the other hand, enables traders to trade outside of regular trading hours, which can be advantageous for those who want to take advantage of price movements during off-peak times. However, it's important to note that GTC+EXT orders may carry some risks. The cryptocurrency market can be highly volatile, especially during extended hours, which can result in price gaps and slippage. Traders should carefully consider these factors and adjust their trading strategies accordingly. Overall, GTC+EXT can be a useful tool for cryptocurrency traders, but it's important to use it wisely and understand the potential risks involved.
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