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Can I modify or cancel a 'good till canceled order' once it has been placed in the cryptocurrency exchange?

avatarUmid RajabovDec 26, 2021 · 3 years ago6 answers

Is it possible to modify or cancel a 'good till canceled order' after it has been placed in a cryptocurrency exchange? What are the options available for making changes or canceling such orders?

Can I modify or cancel a 'good till canceled order' once it has been placed in the cryptocurrency exchange?

6 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, you can modify or cancel a 'good till canceled order' in most cryptocurrency exchanges. To do so, you will need to access your trading account and locate the specific order you wish to modify or cancel. Once you have found the order, you can usually choose to modify the order parameters or cancel the order entirely. Keep in mind that there may be certain limitations or fees associated with order modifications or cancellations, so it's important to review the exchange's terms and conditions.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! If you change your mind or want to adjust the parameters of a 'good till canceled order' in a cryptocurrency exchange, you can usually do so. Just make sure to log into your trading account and find the order you want to modify or cancel. From there, you should be able to make the necessary changes or cancel the order altogether. However, be aware that some exchanges may have specific rules or fees for order modifications or cancellations, so it's always a good idea to check their policies.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can modify or cancel a 'good till canceled order' once it has been placed in a cryptocurrency exchange. However, the process may vary depending on the exchange you are using. For example, in BYDFi, one of the popular cryptocurrency exchanges, you can modify or cancel your order by accessing your trading account and navigating to the 'Open Orders' section. From there, you can select the order you want to modify or cancel and follow the instructions provided. It's important to note that there may be certain restrictions or fees associated with order modifications or cancellations, so it's advisable to review the exchange's guidelines.
  • avatarDec 26, 2021 · 3 years ago
    Sure thing! If you've placed a 'good till canceled order' in a cryptocurrency exchange and later decide to modify or cancel it, you can usually do so. Just log into your trading account and find the order in question. Most exchanges will provide options to modify the order parameters or cancel the order outright. However, keep in mind that there might be certain conditions or fees associated with order modifications or cancellations, so it's always a good idea to familiarize yourself with the exchange's policies.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Once you've placed a 'good till canceled order' in a cryptocurrency exchange, you typically have the ability to modify or cancel it. Just log into your trading account and locate the order you want to modify or cancel. From there, you should be able to make the necessary changes or cancel the order altogether. However, be aware that different exchanges may have their own specific procedures or fees for order modifications or cancellations, so it's important to check the exchange's terms and conditions.
  • avatarDec 26, 2021 · 3 years ago
    Yes, you can modify or cancel a 'good till canceled order' after it has been placed in a cryptocurrency exchange. Simply log into your trading account and find the order you wish to modify or cancel. Most exchanges will provide options to edit the order parameters or cancel the order completely. However, it's worth noting that each exchange may have its own rules and fees regarding order modifications or cancellations, so it's advisable to review their guidelines before making any changes.