How can I prevent my Coinbase orders from being cancelled?
geonwuleJan 20, 2022 · 3 years ago3 answers
I have been experiencing issues with my Coinbase orders getting cancelled. Is there any way to prevent this from happening?
3 answers
- Jan 20, 2022 · 3 years agoOne possible reason for Coinbase orders getting cancelled is insufficient funds in your account. Make sure you have enough balance to cover the order. Additionally, ensure that your payment method is valid and up to date. If the issue persists, contact Coinbase support for further assistance.
- Jan 20, 2022 · 3 years agoTo prevent Coinbase orders from being cancelled, you can try placing limit orders instead of market orders. Limit orders allow you to set a specific price at which you want to buy or sell, which reduces the chances of your order being cancelled due to sudden price fluctuations. This gives you more control over your trades.
- Jan 20, 2022 · 3 years agoAt BYDFi, we recommend diversifying your trading across multiple exchanges to minimize the impact of order cancellations. While Coinbase is a popular exchange, it's always a good idea to have accounts on other reputable exchanges as well. This way, if your Coinbase order gets cancelled, you can quickly switch to another exchange to execute your trade.
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