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Is it possible to recover funds if an order is cancelled on a crypto exchange?

avatarCold WinterDec 17, 2021 · 3 years ago3 answers

If I place an order on a crypto exchange and it gets cancelled, can I recover my funds?

Is it possible to recover funds if an order is cancelled on a crypto exchange?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to recover your funds if an order is cancelled on a crypto exchange. When an order is cancelled, the funds that were allocated for that order are typically returned to your account balance. However, the time it takes for the funds to be returned may vary depending on the exchange and their policies. It's always a good idea to check the exchange's terms and conditions or contact their customer support for more information.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If your order gets cancelled on a crypto exchange, you don't need to worry about losing your funds. The exchange will usually refund the funds back to your account balance. Just make sure to double-check the exchange's policies and contact their support team if you have any concerns or questions. Happy trading!
  • avatarDec 17, 2021 · 3 years ago
    Yes, you can recover your funds if an order is cancelled on a crypto exchange. Most exchanges have mechanisms in place to ensure that funds are returned to users in such cases. However, it's important to note that the process and timeline for fund recovery may vary from one exchange to another. It's always a good practice to familiarize yourself with the exchange's policies and contact their support team if you need any assistance.