Hello, IOC order!

WhiteBIT
Published 29 March 2023
3737
Hello, IOC order!

Content

Improving the functionality of our exchange is in full swing, and updates are rushing in an avalanche. Now, you can place the IOC order in WhiteBIT’s trading terminal.

The IOC (Immediate Or Cancel) order is an extended version of the Limit order. Its mechanics means that any part of the order which can’t be immediately executed is canceled. Thus, you don’t need to cancel the order manually. Traders usually use this type of order to buy and sell large amounts of assets. But be aware that partial fills can take place with this order type.