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Is it possible to cancel a buy or sell order on a digital currency platform?

avatarRuiz ThyssenDec 28, 2021 · 3 years ago3 answers

Can I cancel a buy or sell order on a digital currency platform after it has been placed?

Is it possible to cancel a buy or sell order on a digital currency platform?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, it is possible to cancel a buy or sell order on most digital currency platforms. Once an order is placed, you usually have a window of time during which you can cancel the order. This cancellation period may vary depending on the platform and the specific digital currency you are trading. It's important to check the platform's terms and conditions or contact their customer support for more information on how to cancel an order.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! You can cancel a buy or sell order on a digital currency platform as long as the order has not been executed. Most platforms provide a user-friendly interface where you can easily locate your open orders and cancel them with just a few clicks. Just make sure to act quickly before the order gets filled. If the order has already been executed, you may need to consider other options such as placing a counter order to offset your position.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can cancel a buy or sell order on BYDFi, a popular digital currency platform. BYDFi offers a simple and intuitive interface that allows users to easily manage their orders. To cancel an order on BYDFi, simply navigate to the 'Orders' section, locate the order you wish to cancel, and click on the 'Cancel' button. It's important to note that the cancellation feature is only available for orders that have not been executed yet. If your order has already been filled, you will need to consider other options.