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Can cancelling a partial fill on Binance impact my digital currency transactions?

avatarCHERISH PUNIANI 23117042Jan 13, 2022 · 3 years ago3 answers

I recently placed an order on Binance to buy a digital currency, but it was only partially filled. Can cancelling the remaining portion of the order have any impact on my digital currency transactions?

Can cancelling a partial fill on Binance impact my digital currency transactions?

3 answers

  • avatarJan 13, 2022 · 3 years ago
    Cancelling a partial fill on Binance will not have any direct impact on your digital currency transactions. When you cancel the remaining portion of a partially filled order, the cancelled portion will be returned to your available balance. However, it's important to note that cancelling orders frequently may affect your trading reputation and could potentially impact your ability to execute future trades efficiently.
  • avatarJan 13, 2022 · 3 years ago
    No worries! Cancelling the remaining portion of a partially filled order on Binance will not affect your digital currency transactions. The cancelled portion will be returned to your available balance, and you can use it to place new orders or make other transactions.
  • avatarJan 13, 2022 · 3 years ago
    According to BYDFi, cancelling a partial fill on Binance does not have any direct impact on your digital currency transactions. The cancelled portion will be returned to your available balance, and you can use it for other trades or withdrawals. However, it's always a good practice to carefully manage your orders and avoid excessive cancellations to maintain a good trading reputation.