Stock order types on a crypto exchange: Day, GTC and Stop Limit, checked against the help page
Three order types, two ways to keep them alive. Binance's stock trading help page lists Market, Limit and Stop Limit orders, and every order is either DAY (expires at the end of the trading day if it hasn't filled) or GTC (stays open for up to 90 days, or until it fills or you cancel). Market orders only come as DAY. Those are the rules as the page read on 4 October 2026; the Preview screen at the time you order is the final word.
This is about the real-share line, the one that settles in USDC. bStocks, the tokens traded on Spot, follow Spot rules, and one section near the end shows where the two part ways. If you have used a US broker before, most of what you know still holds. The parts that don't are listed first, because they are the ones that cost money.
Six broker habits, checked one by one
The SEC's investor education site names market, limit and stop-loss orders as the most common types, and defines a stop order simply: once the stop price is reached, it becomes a market order. That is the baseline most people carry over. Here is how it holds up.
- "I'll set a stop-loss." A plain stop order, the kind that turns into a market order, doesn't appear on the help page. The order section opens by naming only Market and Limit orders, and Stop Limit gets its own paragraph further down. That is "not listed on that page", which is not the same as "unsupported"; we haven't checked every order screen. IOC and FOK, which exist on Spot, don't appear for stocks either.
- "I'll place a market order after the close and it'll fill after hours." It won't. A market order can be placed at any time, but it is only active during regular trading hours. Outside them it waits for the next regular open.
- "GTC means it sits there until I cancel it." Not here. GTC is capped at 90 days. How long brokers keep GTC orders varies from firm to firm, so if your old broker never expired them, this is a change.
- "I'll park a lowball limit and forget about it." The order price can't be more than 10% above or below the National Best Bid and Offer when you submit. If the quote is around $100 (an example, not a real stock), a limit at $85 won't go in; roughly $90 to $110 is the window.
- "I'll put a stop on it in the pre-market." Stop Limit orders don't support extended-hours trading.
- "I'll put $50 into a stop order." Stop Limit orders can't be placed by dollar amount, only by number of shares. Fractional shares can use Stop Limit, but only with DAY.
The 90 days and the 10% band are snapshot values from October 2026; check the order screen before relying on them.
Which order works in which session
Stock trading runs up to 24 hours a day, five days a week, though only selected stocks trade around the clock. When you place an order you pick one of three session settings: RTH (the regular session only), ETH (pre-market, regular and post-market) or 24-hour (overnight plus the other three). Times below are US Eastern.
| Session | Time (ET) | Market order | Limit order |
|---|---|---|---|
| Market-Open | 9:30 am – 4:00 pm | Active | Active under any session setting |
| Pre-Market | 4:00 am – 9:30 am | Queued until the next Market-Open | Active if you chose ETH or 24-hour |
| Post-Market | 4:00 pm – 8:00 pm | Queued until the next Market-Open | Active if you chose ETH or 24-hour |
| Overnight | 8:00 pm – 4:00 am | Queued until the next Market-Open | Active only under 24-hour |
| Closed (weekends, US holidays) | — | Queued until the next Market-Open | Queued until the session you chose |
The queue is the thing to think about. The help page warns that market orders fill at the current price and may slip in fast conditions. A market buy placed on a Saturday has no idea what the next open will look like. If we were placing it ourselves, we would wait for the open and look at the quote first. More on the clock is in US market hours vs 24/7 tokenized stock trading.
Two smaller notes on GTC. GTC orders show an estimated settlement date, and it really is an estimate: the order has to fill first, and settlement then follows on the next cycle, which the page says may fall within T+1 trading day. And the page adds that certain corporate actions may affect GTC orders without spelling out how. Binance's separate corporate actions FAQ for Stock Trading does spell it out for splits; we summarise those rules under Your open orders in our stock split guide.
Stop Limit: a trigger and a worst acceptable price
A Stop Limit order splits two decisions. The stop price decides when the order wakes up; the limit price is the worst price you'll accept once it does. The page sets the order of the two numbers:
- Buy Stop Limit: stop price above the last price, limit price at or above the stop.
- Sell Stop Limit: stop price below the last price, limit price at or below the stop.
A made-up example. A stock last traded at $100. You set a sell stop at $95 with a limit of $94. If it drifts down to $95, the order triggers and sells at $94 or better. Now say bad news lands overnight and it opens at $90, straight from $97. The order triggers, but the market is already below your limit. In the page's words, triggering "does not guarantee execution"; if the price gaps past your limit or reverses, the order may stay open until the market comes back to your limit, or until it is cancelled or expires.
A broker-style stop would have become a market order and sold somewhere near $90. By the SEC's definition, a market order guarantees execution but not the price. Neither outcome is good. One sells low, the other may not sell at all, and on this page the second kind is the one you get.
When a stock is halted, open orders split up
A separate help page on stock trading statuses puts this in a short table:
- Trading halt, suspension or pause: no buying or selling. Open market orders are cancelled; limit orders remain active.
- Trading restricted (Buy): no buying. Market buy orders are cancelled; limit orders remain active.
Those statuses come from the stock exchange or the regulator, not from Binance. And once a stock has been fully removed, from Binance and from the relevant market, new orders stop and every pending order is cancelled.
Put that next to the 90-day GTC and you get an odd pairing: the market order you queued is gone, while a limit order you set three weeks ago is still live when trading resumes, possibly into a gap. If you keep long-dated limits, a halt is the moment to open your order list. What halts and delistings mean on the token side is covered in Stock halted or delisted: what happens to the token.
GTC on Spot is a different promise
bStocks were added as trading pairs on Binance Spot (announced 11 June 2026), and Spot is open around the clock. Orders there use Spot's time-in-force rules, and the Spot help page describes them like this:
- GTC (Good-Till-Cancel): "The order will last until it is completed or you cancel it." No 90-day limit is mentioned.
- IOC (Immediate-Or-Cancel): tries to fill all or part of the order immediately at your price and quantity.
- FOK (Fill-Or-Kill): must fill in full immediately, or it is cancelled.
Same app, same three letters, two meanings: 90 days at most on the stock line, open until filled or cancelled on Spot. People who move between the two are the ones who get caught. Which options the order box on a bStocks pair actually offers is something to read off the screen when you open it; we haven't confirmed whether Stop Limit is available there, so we won't say.
What the Preview screen shows
The page describes the last step this way: choose an order type, enter price and amount, pick whether to pay from your Spot or Funding Account, then tap [Preview]. The preview lists Trading session, Time-in-force and Fee breakdown. The first two lines are everything above. Before you confirm:
- Is it DAY when you meant GTC? A limit you wanted to leave for a week shouldn't be sitting on DAY.
- Is the session the one you think? A pre-market limit set to RTH won't do anything until 9:30 am ET.
- On a Stop Limit, are the two prices in the right order for a buy or a sell?
- For GTC, note the date 90 days out.
The fee line is explained, with the small-order maths, in What a US stock trade on Binance costs. Fractional minimums and per-stock limits are in Fractional US stock minimums: how little can you spend?
Sources, all read on 4 October 2026: Binance's stock trading help page (published 1 June 2026, updated 13 September 2026), its stock trading status page (1 June 2026) and the English Spot time-in-force page (updated 1 July 2026); the general stop and market order definitions are from the SEC's Types of Orders on Investor.gov. We did not place these orders ourselves; this is checked against the official material.