Are there any fees for canceling a limit order on Binance?
karthick ThirugnanamDec 26, 2021 · 3 years ago3 answers
Is there a fee charged for canceling a limit order on Binance? I want to know if I will be charged any fees if I decide to cancel a limit order on the Binance exchange.
3 answers
- Dec 26, 2021 · 3 years agoYes, Binance charges a fee for canceling a limit order. When you cancel a limit order on Binance, a small fee will be deducted from your account. The fee amount depends on the trading volume and the type of account you have. It's important to note that the fee is only charged if the order has not been executed yet. If the order has already been partially or fully executed, there will be no fee for canceling it.
- Dec 26, 2021 · 3 years agoCanceling a limit order on Binance does come with a fee. The fee is usually a small percentage of the total order amount. The exact fee percentage may vary depending on the trading volume and your account type. It's always a good idea to check the fee schedule on Binance's website for the most up-to-date information.
- Dec 26, 2021 · 3 years agoAs of my knowledge, there is a fee for canceling a limit order on Binance. However, please note that I am not affiliated with Binance and this information may not be up-to-date. It's always best to check with Binance directly or refer to their official documentation for the most accurate and current fee information.
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