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Is it possible to change the parameters of my order on a crypto exchange?

avatarMUSLIMNov 28, 2021 · 3 years ago3 answers

I placed an order on a crypto exchange, but now I want to change the parameters of the order. Is it possible to modify the order details such as price, quantity, or type after it has been submitted?

Is it possible to change the parameters of my order on a crypto exchange?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Yes, most crypto exchanges allow you to change the parameters of your order after it has been submitted. You can usually do this by accessing your order history or open orders section on the exchange platform. From there, you can select the order you want to modify and make the necessary changes to the parameters such as price, quantity, or type. However, keep in mind that there may be certain limitations or restrictions depending on the exchange and the specific order type. It's always a good idea to check the exchange's documentation or contact their customer support for more information.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! Changing the parameters of your order on a crypto exchange is usually a straightforward process. Just log in to your account, navigate to the order section, and find the order you want to modify. Once you've located the order, you can easily edit the parameters such as price, quantity, or type. However, it's important to note that some exchanges may have specific rules or limitations when it comes to modifying orders, especially for certain order types like market orders. Make sure to familiarize yourself with the exchange's policies and guidelines to avoid any potential issues.
  • avatarNov 28, 2021 · 3 years ago
    Yes, you can change the parameters of your order on a crypto exchange. For example, on BYDFi, one of the popular crypto exchanges, you can modify your order details by going to the 'Open Orders' section. From there, you can select the order you want to change and update the parameters such as price, quantity, or type. It's important to note that not all exchanges may offer the same level of flexibility in modifying orders, so it's always a good idea to check the specific exchange's guidelines or reach out to their customer support for assistance.