Can I cancel or modify a trade limit order once it has been placed on a cryptocurrency exchange?

7 answers

• Biswajit mahantyJun 08, 2024 · a year ago
  Yes, you can cancel or modify a trade limit order on most cryptocurrency exchanges. Once you have placed a trade limit order, you will usually have the option to cancel or modify it as long as it has not been executed. This can be done through the order book or trading interface of the exchange. However, it is important to note that once a trade limit order has been executed, it cannot be canceled or modified.
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• Oskar SchulzOct 31, 2020 · 5 years ago
  Absolutely! You have the power to cancel or modify a trade limit order on a cryptocurrency exchange. Most exchanges provide a user-friendly interface that allows you to easily manage your orders. Simply locate the order you want to cancel or modify, and follow the instructions provided by the exchange. Keep in mind that if your order has already been executed, it cannot be canceled or modified.
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• Johnbosco Chukwuemeka OkaforJun 22, 2021 · 4 years ago
  Yes, you can cancel or modify a trade limit order on most cryptocurrency exchanges. However, it is important to note that each exchange may have its own specific rules and procedures for canceling or modifying orders. For example, on BYDFi, one of the popular cryptocurrency exchanges, you can cancel or modify your trade limit order by accessing the 'Orders' section in your account and selecting the order you wish to cancel or modify. Make sure to review the exchange's guidelines or contact their customer support for detailed instructions.
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• Basse TimmermannAug 31, 2024 · 9 months ago
  Sure thing! Cancelling or modifying a trade limit order on a cryptocurrency exchange is usually a breeze. Just head over to the 'My Orders' or 'Open Orders' section of the exchange's platform, locate the order you want to cancel or modify, and click on the appropriate option. If the order has not been executed yet, you should be able to cancel or modify it without any issues. However, once the order has been executed, you won't be able to make any changes.
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• Felipe BorgacoApr 10, 2021 · 4 years ago
  Of course! You have the ability to cancel or modify a trade limit order on most cryptocurrency exchanges. Simply navigate to the 'Orders' or 'Trading' section of the exchange's website or app, find the specific order you want to cancel or modify, and follow the provided instructions. Just keep in mind that once a trade limit order has been filled, it cannot be canceled or modified.
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• santotelliMar 12, 2021 · 4 years ago
  Yes, it is generally possible to cancel or modify a trade limit order on a cryptocurrency exchange. Different exchanges may have slightly different procedures, but in most cases, you can cancel or modify your order as long as it has not been executed. Just go to the 'Orders' or 'Trading' section of the exchange's platform, locate your order, and choose the appropriate option. If the order has already been executed, you will not be able to cancel or modify it.
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• kqxstayninh123Jan 13, 2023 · 2 years ago
  Definitely! You can cancel or modify a trade limit order on most cryptocurrency exchanges. Simply go to the 'Orders' or 'Trading' section of the exchange's website, find the order you want to cancel or modify, and click on the corresponding option. If the order has not been executed yet, you can easily cancel or modify it. However, once the order has been executed, it becomes final and cannot be changed.
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