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2019-06-27 15:00:05

Binance could be developing an OCO feature for its platform

According to recent tweets from Binance’s main page as well as its CEO Changpeng Zhao, the crypto exchange may be in the process of developing an OCO (One-cancels-the-Other) feature right after it has rolled out the margin trading add-on to their network. Several pictures were shared on Binance’s Twitter account which indicates the existence of an OCO tab, which is located right next to the Limit and Market order options. The OCO feature is mostly used to mitigate risks on trades when there are no clear indications from the technical analysis, it mostly acts as a market or limit order,