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Is it possible to cancel an order for buying/selling cryptocurrency?

avatarLanceW70Dec 16, 2021 · 3 years ago3 answers

I placed an order to buy/sell cryptocurrency, but now I want to cancel it. Is it possible to cancel an order for buying/selling cryptocurrency? How can I do it?

Is it possible to cancel an order for buying/selling cryptocurrency?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to cancel an order for buying/selling cryptocurrency. Most cryptocurrency exchanges provide the option to cancel orders before they are executed. To cancel an order, you usually need to go to the 'Orders' or 'Trading' section of the exchange platform, find the specific order you want to cancel, and click on the 'Cancel' button. Keep in mind that once an order is executed, it cannot be canceled.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! You can cancel an order for buying/selling cryptocurrency on most exchanges. Just go to the 'Orders' or 'Trading' tab on the exchange platform, locate the order you want to cancel, and click on the 'Cancel' button. However, make sure to cancel the order before it gets executed. Once the order is executed, it cannot be reversed.
  • avatarDec 16, 2021 · 3 years ago
    Yes, you can cancel an order for buying/selling cryptocurrency. On BYDFi, for example, you can cancel an order by navigating to the 'Orders' section, finding the order you want to cancel, and clicking on the 'Cancel' button. Remember to cancel the order before it is executed, as executed orders cannot be canceled.