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What is the process for cancelling a cryptocurrency order?

avatarKSODec 27, 2021 · 3 years ago3 answers

Can you explain the step-by-step process for cancelling a cryptocurrency order? I'm new to trading and would like to know how to cancel an order if I need to.

What is the process for cancelling a cryptocurrency order?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Cancelling a cryptocurrency order is a straightforward process. First, log in to your trading account and navigate to the 'Orders' section. Find the order you want to cancel and click on the 'Cancel' button next to it. Confirm the cancellation when prompted. The order will be immediately cancelled, and any funds reserved for the order will be released back to your account. Keep in mind that once an order is cancelled, it cannot be undone.
  • avatarDec 27, 2021 · 3 years ago
    No worries, cancelling a cryptocurrency order is pretty easy. Just go to your trading account and look for the 'Orders' tab. Find the order you want to cancel and click on the 'Cancel' option. Confirm the cancellation, and you're good to go. The order will be cancelled, and any funds tied to it will be returned to your account. Remember, once you cancel an order, there's no going back.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to cancelling a cryptocurrency order, the process is quite simple. If you're using BYDFi, log in to your account and head over to the 'Orders' page. Locate the specific order you want to cancel and click on the 'Cancel' button. Confirm the cancellation, and voila! The order will be cancelled, and any reserved funds will be released. Just remember that once you cancel an order, it's final and cannot be reversed.