Post
Topic
Board Trading Discussion
Re: Importance of limit order in crypto
by
Potato Chips
on 28/11/2022, 12:03:30 UTC
  Investors should also bear in mind that limit orders used in crypto usually lasts for 24hours,

I have never experienced this “usual” when it comes to crypto exchanges. I would say crypto exchanges are more lax about this thing hence the usual should be waaaay much longer than 24 hours. 

In order to be sure, I suggest getting in touch with your exchange or do a quick look up. For instance, in binance, it's good till cancelled.

Hi, it is active without the cancellation time.
So all the time, the only option to cancel it is from your side manually in your open order tab.