Representatives of the largest cryptocurrency exchange Binance said that they included a new type of OCO order types in the web trading interface.
Just a few hours ago, the corresponding article appeared on the company's official blog.
What is OCO order?
“One-cancels-the-other” (OCO) - these are two pending orders that have the interchange function. In other words, if one order is executed, the second will be automatically deleted.
It is worth noting that Binance users have been waiting for such functionality for a long time, and finally the developers have implemented it in the web version of the exchange. Representatives of the site promised to add this trading tool to the desktop and mobile version of the Binance application soon.