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Can I modify or cancel a limit order for Bitcoin or other cryptocurrencies?

avatarMUTHKANI VIKRAM KUMARDec 16, 2021 · 3 years ago3 answers

Is it possible to modify or cancel a limit order for Bitcoin or any other cryptocurrencies? I placed a limit order on a cryptocurrency exchange, but now I want to change the price or cancel the order altogether. Can I do that?

Can I modify or cancel a limit order for Bitcoin or other cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, you can modify or cancel a limit order for Bitcoin or other cryptocurrencies on most cryptocurrency exchanges. Simply go to the 'Orders' or 'Trading' section of the exchange platform and locate the specific order you want to modify or cancel. From there, you can usually find options to edit the price or quantity of the order, or to cancel it completely. Keep in mind that there may be certain time restrictions or fees associated with modifying or canceling orders, so it's always a good idea to check the exchange's terms and conditions or contact their customer support for more information.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! If you want to modify or cancel a limit order for Bitcoin or any other cryptocurrencies, you can usually do so on the exchange platform where you placed the order. Just find the order in the 'Orders' or 'Trading' section, and you should see options to make changes or cancel it. It's important to note that some exchanges may have specific rules or limitations when it comes to modifying or canceling orders, so make sure to familiarize yourself with their policies beforehand.
  • avatarDec 16, 2021 · 3 years ago
    Yes, you can modify or cancel a limit order for Bitcoin or other cryptocurrencies. Most cryptocurrency exchanges provide the option to modify or cancel orders. However, it's important to note that each exchange may have its own specific process for doing so. For example, on BYDFi, you can modify or cancel a limit order by going to the 'Orders' section and selecting the order you want to modify or cancel. From there, you can make the necessary changes or cancel the order altogether. Just keep in mind that there may be certain restrictions or fees associated with modifying or canceling orders, so it's always a good idea to review the exchange's terms and conditions.