I placed a limit order at $METAB instead of a market order to see how it performs on this pair.
I expected a delay, as it usually happens with less liquid tokens. Instead, the order executed almost immediately; the order book updated smoothly, without any sudden jumps between bids/asks. The spread was narrow even during off-peak hours.
After that, I tried setting a stop-loss below the current price, just to see whether the logic works the same way as it does on regular spot pairs. It worked identically; I didn’t notice any special limitations specifically for bStocks.
The only thing to keep in mind: the pair trades only against USDT, without direct transitions into other tokens. In other words, first the conversion, then the order.
At #bStocksBinance , people often ask whether these tokens behave differently in the order book compared to regular crypto. From my experience with $METAB , I didn’t see any difference in the order mechanics.
Has anyone among @Binance_Ukraine tested limit orders on other bStocks pairs?
I expected a delay, as it usually happens with less liquid tokens. Instead, the order executed almost immediately; the order book updated smoothly, without any sudden jumps between bids/asks. The spread was narrow even during off-peak hours.
After that, I tried setting a stop-loss below the current price, just to see whether the logic works the same way as it does on regular spot pairs. It worked identically; I didn’t notice any special limitations specifically for bStocks.
The only thing to keep in mind: the pair trades only against USDT, without direct transitions into other tokens. In other words, first the conversion, then the order.
At #bStocksBinance , people often ask whether these tokens behave differently in the order book compared to regular crypto. From my experience with $METAB , I didn’t see any difference in the order mechanics.
Has anyone among @Binance_Ukraine tested limit orders on other bStocks pairs?
