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Can I cancel a pending order for a digital currency?

avatarDheeraj Pravin PatilDec 15, 2021 · 3 years ago3 answers

Is it possible to cancel a pending order for a digital currency? What are the steps to cancel a pending order? Can I cancel a pending order on any cryptocurrency exchange platform?

Can I cancel a pending order for a digital currency?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, you can cancel a pending order for a digital currency. Most cryptocurrency exchanges provide the option to cancel pending orders. To cancel a pending order, you usually need to go to the 'Open Orders' or 'Order History' section of the exchange platform, find the specific order you want to cancel, and click on the 'Cancel' button. Make sure to check the exchange's user guide or FAQ section for specific instructions on how to cancel a pending order.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! You have the ability to cancel a pending order for a digital currency. Just navigate to the 'Open Orders' tab on your cryptocurrency exchange platform, locate the pending order you wish to cancel, and click on the 'Cancel' button. It's as simple as that! Keep in mind that cancellation fees or restrictions may apply depending on the exchange you are using. Always double-check the exchange's policies before canceling any orders.
  • avatarDec 15, 2021 · 3 years ago
    Yes, you can cancel a pending order for a digital currency on most cryptocurrency exchange platforms. For example, on BYDFi, you can cancel a pending order by accessing the 'Open Orders' section, finding the specific order, and clicking on the 'Cancel' button. However, it's important to note that each exchange may have its own cancellation process, so it's recommended to refer to the exchange's documentation or support resources for detailed instructions on canceling pending orders.