« Back to Glossary Index

One Cancels the Other Order or OCO is a situation where two orders for cryptocurrency are placed simultaneously having a rule in place to enforce that if one is accepted, the other automatically gets canceled. It is a variety of conditional order that is quite similar to the stop loss and limit orders where the buy and sell orders are automatically executed after a specific trading price threshold is exceeded or reached.

« Back to Glossary Index

Check Also


New Mining Strategies You Need To Incorporate After Crypto Halving

Good News! The Bitcoin network has already crossed its 800,000th block at the end of …