Can cancelling a partial fill on Binance impact my digital currency transactions?
CHERISH 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?
3 answers
- Jan 13, 2022 · 3 years agoCancelling 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.
- Jan 13, 2022 · 3 years agoNo 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.
- Jan 13, 2022 · 3 years agoAccording 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.
Related Tags
Hot Questions
- 68
How can I minimize my tax liability when dealing with cryptocurrencies?
- 58
What are the best practices for reporting cryptocurrency on my taxes?
- 47
What are the best digital currencies to invest in right now?
- 44
How can I buy Bitcoin with a credit card?
- 40
Are there any special tax rules for crypto investors?
- 34
How does cryptocurrency affect my tax return?
- 23
What is the future of blockchain technology?
- 13
How can I protect my digital assets from hackers?