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Are there any fees for cancelling orders on Coinbase?

avatarRAP ALMANov 29, 2021 · 3 years ago3 answers

What are the fees associated with cancelling orders on Coinbase? Can I cancel an order for free or will there be any charges?

Are there any fees for cancelling orders on Coinbase?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Yes, Coinbase charges fees for cancelling orders. The fees vary depending on the type of order and the currency pair involved. It's important to check Coinbase's fee schedule for the most up-to-date information on cancellation fees. Generally, the fees are deducted from the remaining funds in your account after the cancellation. Keep in mind that cancellation fees may apply even if the order has not been executed yet.
  • avatarNov 29, 2021 · 3 years ago
    Unfortunately, cancelling orders on Coinbase is not free. There are fees associated with cancelling orders, which can be found in Coinbase's fee schedule. The fees depend on the type of order and the specific currency pair. It's always a good idea to review the fee schedule before placing or cancelling any orders to avoid any surprises.
  • avatarNov 29, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that Coinbase does charge fees for cancelling orders. The fees are deducted from your account balance and can vary depending on the specific order and currency pair. It's important to note that these fees are standard practice in the industry and are not unique to Coinbase. If you're looking for a platform with lower cancellation fees, you may consider checking out BYDFi, which offers competitive fees and a user-friendly interface.