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How does cancelling a partial fill on Binance affect my cryptocurrency trading?

avatarao - aoDec 14, 2021 · 3 years ago1 answers

What happens to my cryptocurrency trading when I cancel a partial fill on Binance?

How does cancelling a partial fill on Binance affect my cryptocurrency trading?

1 answers

  • avatarDec 14, 2021 · 3 years ago
    When you cancel a partial fill on Binance, it's important to note that the canceled portion of your order will be returned to your available balance. This means that you can use those funds to place new trades or withdraw them from the exchange. However, it's worth mentioning that canceling a partial fill does not guarantee that you will get the same price or fill quantity if you place a new order. The market conditions may have changed, and there could be other traders competing for the same price. So, it's always a good idea to carefully consider your trading strategy and market conditions before canceling a partial fill on Binance.