common-close-0
BYDFi
Trade wherever you are!

What is the process to cancel a confirmed order for a digital asset on a crypto platform?

avatarRitchie SalehDec 16, 2021 · 3 years ago3 answers

I have placed an order for a digital asset on a crypto platform, but now I want to cancel it. What is the process to cancel a confirmed order for a digital asset on a crypto platform? Can I cancel it immediately or are there any restrictions or fees involved?

What is the process to cancel a confirmed order for a digital asset on a crypto platform?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    To cancel a confirmed order for a digital asset on a crypto platform, you typically need to go to the 'Orders' or 'Trade' section of the platform. Find the specific order you want to cancel and look for the 'Cancel' or 'X' button next to it. Click on it and confirm the cancellation. Keep in mind that there may be a time limit within which you can cancel the order, so make sure to act quickly. Some platforms may also charge a small fee for order cancellations, so be aware of any potential costs involved.
  • avatarDec 16, 2021 · 3 years ago
    Canceling a confirmed order for a digital asset on a crypto platform is usually a straightforward process. Just navigate to the 'Orders' or 'Trade' tab on the platform and locate the order you wish to cancel. Look for the 'Cancel' or 'X' button next to the order and click on it. Confirm the cancellation and you're done! However, it's important to note that some platforms may have specific rules or restrictions when it comes to order cancellations, so it's always a good idea to familiarize yourself with the platform's terms and conditions beforehand.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to canceling a confirmed order for a digital asset on a crypto platform, the process may vary slightly depending on the platform you're using. However, in general, you can expect to find the option to cancel your order in the 'Orders' or 'Trade' section of the platform. Look for the specific order you want to cancel and click on the 'Cancel' or 'X' button next to it. Confirm the cancellation and you're all set. Just be aware that some platforms may have certain restrictions or fees associated with order cancellations, so it's always a good idea to check the platform's guidelines or contact their customer support for more information.