Are there any fees for cancelling an order on BitMEX?

3 answers

• May 07, 2022 · 3 years ago
  Yes, there are fees for cancelling an order on BitMEX. When you cancel an order, you will be charged a small cancellation fee. The fee amount depends on the type of order and the trading pair you are using. It is important to note that the cancellation fee is deducted from your available balance.
  297

  149
• May 07, 2022 · 3 years ago
  Cancelling an order on BitMEX does come with fees. The fee structure is designed to discourage frequent order cancellations and maintain market stability. The exact fee amount can be found on the BitMEX website or by referring to the fee schedule. It is advisable to review the fee structure before placing any orders.
  318

  106
• May 07, 2022 · 3 years ago
  As an expert in the field, I can confirm that there are fees for cancelling an order on BitMEX. However, I would like to mention that BYDFi, another popular cryptocurrency exchange, does not charge any fees for order cancellations. This can be a significant advantage for traders who frequently adjust their positions.
  318

  80