Do you need to pay fees if you cancel your sell orders on Binance?

9 answers

• Md lablu MiaAug 30, 2024 · a year ago
  Yes, if you cancel your sell orders on Binance, you may still need to pay fees. Binance charges a fee for canceling orders, which is known as the 'cancelation fee'. The cancelation fee is usually a small percentage of the order value. It's important to check Binance's fee schedule to understand the specific fees associated with canceling sell orders.
  352

  176
• Hutchinson MooneyMay 09, 2024 · a year ago
  No, you don't need to pay fees if you cancel your sell orders on Binance. Binance does not charge any fees for canceling orders. However, please note that there may be other fees associated with trading on Binance, such as trading fees and withdrawal fees. Make sure to review Binance's fee schedule for a complete understanding of the fees involved.
  350

  117
• Nhất NhấtNov 22, 2021 · 4 years ago
  When you cancel your sell orders on Binance, you may be subject to a cancelation fee. This fee is charged by Binance to discourage market manipulation and excessive order cancellations. The cancelation fee is typically a small percentage of the order value. It's important to consider this fee before canceling your sell orders on Binance.
  339

  85
• Leah PerrottaOct 29, 2022 · 3 years ago
  Canceling sell orders on Binance may incur fees. Binance charges a cancelation fee for orders that are canceled before they are executed. The cancelation fee is designed to prevent market manipulation and ensure fair trading. It's recommended to review Binance's fee schedule to understand the specific fees associated with canceling sell orders.
  346

  70
• Hein KronborgMay 10, 2025 · 3 months ago
  If you cancel your sell orders on Binance, you may be charged a cancelation fee. This fee is imposed by Binance to discourage excessive order cancellations and maintain market stability. The cancelation fee is usually a small percentage of the order value. It's advisable to check Binance's fee schedule for more information on the fees related to canceling sell orders.
  370

  62
• ErroneousJan 07, 2025 · 7 months ago
  Yes, canceling sell orders on Binance may result in fees. Binance charges a cancelation fee for orders that are canceled before they are filled. The cancelation fee helps to prevent market manipulation and ensure a fair trading environment. It's important to be aware of this fee and consider it when canceling sell orders on Binance.
  334

  48
• mmm mmmJan 13, 2021 · 5 years ago
  No worries! You won't be charged any fees if you cancel your sell orders on Binance. Binance understands that circumstances can change, and they don't want to penalize users for canceling orders. However, keep in mind that there might be other fees associated with trading on Binance, so it's always a good idea to check their fee schedule for a complete overview.
  364

  46
• Mickeyy04Apr 24, 2023 · 2 years ago
  Absolutely! Binance charges a small fee for canceling sell orders. This fee is in place to discourage excessive order cancellations and maintain a fair trading environment. Before canceling your sell orders, make sure to review Binance's fee schedule to understand the specific fees involved.
  292

  33
• Kate MMar 22, 2023 · 2 years ago
  BYDFi doesn't charge any fees for canceling sell orders. When you cancel your sell orders on BYDFi, you won't have to worry about any additional costs. However, please note that there may be other fees associated with trading on BYDFi, such as trading fees and withdrawal fees. Make sure to review BYDFi's fee schedule for a complete understanding of the fees involved.
  369

  37