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What should I do if my account is restricted to closing transactions and I want to enter a cryptocurrency order?

avatarShahzod TeshaboyevNov 27, 2021 · 3 years ago3 answers

I recently found out that my account on a cryptocurrency exchange is restricted to closing transactions only, but I want to enter a new cryptocurrency order. What should I do in this situation?

What should I do if my account is restricted to closing transactions and I want to enter a cryptocurrency order?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    If your account is restricted to closing transactions only and you want to enter a new cryptocurrency order, the first thing you should do is check the exchange's terms and conditions. Look for any specific rules or restrictions regarding account limitations and trading activities. If there are no clear guidelines, it's best to contact the exchange's customer support and explain your situation. They may be able to provide further information or offer a solution to help you enter a new order.
  • avatarNov 27, 2021 · 3 years ago
    Well, it seems like you're in a bit of a pickle. When your account is restricted to closing transactions, it means you can only close existing positions and not open new ones. But fear not! The best course of action is to reach out to the exchange's support team. They should be able to assist you and provide guidance on how to proceed. Just make sure to explain your situation clearly and politely. Remember, they're there to help!
  • avatarNov 27, 2021 · 3 years ago
    Ah, the dreaded account restriction. It can be frustrating when you're unable to enter a new cryptocurrency order due to this limitation. In such cases, it's always a good idea to reach out to the exchange's customer support. They have the knowledge and tools to assist you. In fact, at BYDFi, we've encountered similar situations before. Our advice would be to contact the support team and explain your desire to enter a new order. They'll guide you through the process and ensure you're back in action in no time!