Is it possible to cancel a submitted order for trading cryptocurrencies?

3 answers

• Usama ZahidDec 16, 2023 · 2 years ago
  Yes, it is possible to cancel a submitted order for trading cryptocurrencies. Most cryptocurrency exchanges provide the option to cancel an order before it is executed. You can usually find this option in the 'Open Orders' or 'Order History' section of the exchange platform. Simply locate the order you want to cancel and click on the 'Cancel' button. Keep in mind that once an order is executed, it cannot be canceled.
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• Kamil ChmielowskiMay 17, 2021 · 4 years ago
  Absolutely! You can cancel a submitted order for trading cryptocurrencies. Just go to the 'Open Orders' or 'Order History' section of your cryptocurrency exchange platform. Find the order you want to cancel and click on the 'Cancel' button. Voila! Your order will be canceled. However, make sure to double-check the exchange's policies and fees regarding order cancellations.
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• AnkusJan 31, 2025 · 6 months ago
  Yes, you can cancel a submitted order for trading cryptocurrencies. At BYDFi, one of the popular cryptocurrency exchanges, you can cancel an order by following these steps: 1. Go to the 'Open Orders' section. 2. Find the order you want to cancel. 3. Click on the 'Cancel' button next to the order. It's as simple as that! Just remember to act quickly because once an order is executed, it cannot be canceled.
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