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Can I cancel a limit order on a cryptocurrency trading platform?

avatarAdepoju OlufemiDec 18, 2021 · 3 years ago3 answers

Is it possible to cancel a limit order on a cryptocurrency trading platform? I placed a limit order but now I want to cancel it. Can I do that?

Can I cancel a limit order on a cryptocurrency trading platform?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, you can cancel a limit order on most cryptocurrency trading platforms. Simply go to the 'Open Orders' or 'Order History' section of the platform and locate the specific order you want to cancel. Then, click on the 'Cancel' button or a similar option provided by the platform. The order will be canceled, and any funds reserved for that order will be released back to your account.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Cancelling a limit order on a cryptocurrency trading platform is usually a straightforward process. Just find the 'Cancel Order' button or link on the platform, click on it, and confirm the cancellation. Keep in mind that some platforms may have specific rules or time limits for canceling orders, so it's always a good idea to check the platform's documentation or contact their support team for assistance.
  • avatarDec 18, 2021 · 3 years ago
    Yes, you can cancel a limit order on BYDFi. To cancel a limit order, log in to your BYDFi account and navigate to the 'Open Orders' section. Find the specific order you want to cancel and click on the 'Cancel' button next to it. Confirm the cancellation, and the order will be canceled. If you have any issues or questions, feel free to reach out to BYDFi's support team for assistance.