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Is it possible to cancel a Coinbase Pro trade after it has been executed?

avatarScarlett RodriguezDec 16, 2021 · 3 years ago3 answers

I recently executed a trade on Coinbase Pro, but now I want to cancel it. Is it possible to cancel a trade on Coinbase Pro after it has been executed?

Is it possible to cancel a Coinbase Pro trade after it has been executed?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to cancel a trade on Coinbase Pro after it has been executed. However, there are certain conditions and limitations to be aware of. Once a trade has been executed, it becomes a part of the blockchain and cannot be reversed. However, Coinbase Pro allows you to place a cancel order for a trade that has been executed but not settled yet. If the cancel order is successful, the trade will be canceled and the funds will be returned to your account. It's important to note that canceling a trade may incur fees and it's always recommended to double-check your trades before executing them.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, once a trade has been executed on Coinbase Pro, it cannot be canceled. This is because cryptocurrency transactions are irreversible once they are confirmed on the blockchain. It's important to carefully review your trades before executing them to avoid any unwanted transactions. If you have any concerns or issues with a trade, it's recommended to reach out to Coinbase Pro's customer support for assistance.
  • avatarDec 16, 2021 · 3 years ago
    As a professional in the cryptocurrency industry, I can confirm that it is not possible to cancel a trade on Coinbase Pro after it has been executed. Once a trade is executed and confirmed on the blockchain, it becomes permanent and cannot be reversed. It's crucial to carefully review your trades and ensure that you are executing the correct orders to avoid any unwanted transactions. If you have any questions or need assistance with your trades, it's best to reach out to Coinbase Pro's customer support for guidance.