Can a GTC order be cancelled or modified after it is placed in the cryptocurrency exchange?

3 answers

• FlippyMar 28, 2023 · 2 years ago
  Yes, most cryptocurrency exchanges allow users to cancel or modify their GTC orders even after they have been placed. This can usually be done through the exchange's trading interface or mobile app. However, it's important to note that once an order has been executed, it cannot be cancelled or modified. So, if your GTC order has already been filled, you won't be able to make any changes to it.
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• Andrew BelyaevMar 27, 2023 · 2 years ago
  Absolutely! You can cancel or modify a GTC order on a cryptocurrency exchange as long as it hasn't been executed yet. Just go to the 'Open Orders' section on the exchange platform and you should be able to find your GTC order. From there, you can choose to cancel or modify it according to your needs. Keep in mind that once the order is filled, it becomes a completed trade and cannot be changed.
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• Adam OldenkampMar 03, 2025 · 5 months ago
  Yes, you can cancel or modify a GTC order on most cryptocurrency exchanges. For example, on BYDFi, one of the popular exchanges, you can easily cancel or modify your GTC orders through the trading interface. Simply locate your open orders, select the GTC order you want to cancel or modify, and follow the instructions provided. However, once an order is executed, it cannot be cancelled or modified, so make sure to act quickly if you want to make any changes.
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