How can I prevent my cryptocurrency orders from being cancelled?

3 answers

• Dec 28, 2021 · 3 years ago
  One way to prevent your cryptocurrency orders from being cancelled is to ensure that you have sufficient funds in your trading account. Make sure you have enough balance to cover the order and any associated fees. Additionally, you should also check if there are any restrictions or limitations on your account that may be causing the cancellations. Contact your exchange's customer support for assistance in resolving any account issues.
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• Dec 28, 2021 · 3 years ago
  To prevent your cryptocurrency orders from being cancelled, it's important to set realistic price targets and avoid placing orders at extreme price levels. Placing orders too far away from the current market price can increase the likelihood of cancellation. It's also advisable to use limit orders instead of market orders, as limit orders allow you to set a specific price at which you want to buy or sell, reducing the chances of your order being cancelled due to sudden price fluctuations.
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• Dec 28, 2021 · 3 years ago
  At BYDFi, we understand the frustration of having your cryptocurrency orders cancelled. To prevent this, we recommend using our advanced order types, such as stop-limit orders or trailing stop orders. These order types allow you to set specific conditions for your orders, such as triggering a buy or sell order when the price reaches a certain level or follows a certain trend. By utilizing these advanced order types, you can increase the chances of your orders being executed successfully and minimize the risk of cancellation.
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