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Binance Adds OCO Order Type

Binance
2019-08-22 11:41

Fellow Binancians,

Binance has enabled OCO order types (One Cancels the Other) to the web trading interface. PC and App clients will have the OCO order type enabled at a later date.

What is an OCO order?

A One-Cancels-the-Other (OCO) is a pair of orders combining a stop-limit order and a limit maker order on the same side, with the same quantity. When either one of the orders is executed (the stop price is triggered for stop limit order), the other one is automatically canceled. And when canceling either one of the orders, the entire OCO pair is canceled.

For further information on how to use or execute OCO orders, refer to our quick guide or in-depth guide

Thanks for your support!

Binance Team

2019/08/22

 

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