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Can the trigger price and limit price be adjusted after placing a cryptocurrency trade?

avatarsangeethNov 28, 2021 · 3 years ago3 answers

Is it possible to modify the trigger price and limit price of a cryptocurrency trade after it has been placed?

Can the trigger price and limit price be adjusted after placing a cryptocurrency trade?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Yes, it is possible to adjust the trigger price and limit price of a cryptocurrency trade after it has been placed. Most cryptocurrency exchanges provide the option to modify these parameters through their trading platforms. You can usually find this feature in the 'Open Orders' or 'Order History' section of the platform. Keep in mind that the availability and specific process may vary depending on the exchange you are using.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! Once you have placed a cryptocurrency trade, you can still make changes to the trigger price and limit price. Just log in to your trading account and navigate to the relevant order. From there, you should be able to find an option to modify the trigger and limit prices. It's important to note that not all exchanges offer this feature, so make sure to check the platform's documentation or contact their support team for more information.
  • avatarNov 28, 2021 · 3 years ago
    Yes, you can adjust the trigger price and limit price of a cryptocurrency trade even after it has been executed. However, please note that the availability of this feature may depend on the exchange you are using. For example, on BYDFi, one of the popular cryptocurrency exchanges, you can modify the trigger and limit prices of your trades by accessing the 'Order History' section and selecting the relevant order. Keep in mind that not all exchanges may offer this flexibility, so it's always a good idea to familiarize yourself with the specific features of the exchange you are using.