I'm curious, could you elaborate on how one might go about increasing their GTC limit? I understand that GTC stands for Good Till Cancelled, and it refers to a type of order in the financial world that remains active until it's either executed or cancelled by the trader. But I'm not sure what factors determine the limit, or how one might increase it. Could you please provide some insight into this process? Is it something that can be negotiated with the broker, or is it based on specific criteria like trading history or account balance? Any information you could share would be greatly appreciated.
6 answers
BlockchainVisionary
Sun Jul 28 2024
Cryptocurrency trading has become increasingly popular in recent years, with many exchanges offering various services to cater to the needs of traders. Among these exchanges, BTCC stands out as a reputable platform based in the UK.
Carlo
Sun Jul 28 2024
BTCC offers a wide range of services that cater to both beginners and experienced traders alike. These services include spot trading, futures trading, and wallet services, among others.
Riccardo
Sun Jul 28 2024
The full limit becomes available to traders on BTCC once the balance is paid at any time during the billing cycle. This feature allows traders to have access to their full trading limit without any restrictions.
CryptoVisionary
Sun Jul 28 2024
If a trader wishes to request a credit limit increase on BTCC, they need to provide certain information and documentation. This includes the cardholder's name, the requested amount, the beginning and end date for the increase, justification for the request, and any other supporting documentation required by the organization.
Rosalia
Sat Jul 27 2024
The credit limit increase process on BTCC is designed to be straightforward and efficient. Traders can submit their requests online and receive a response within a reasonable timeframe.