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Why is my Bitcoin order still open on Fidelity?

avatarRahul ParjapatDec 27, 2021 · 3 years ago3 answers

I placed a Bitcoin order on Fidelity, but it's still showing as open. Why hasn't it been executed yet? What could be the reasons for my Bitcoin order remaining open on Fidelity?

Why is my Bitcoin order still open on Fidelity?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    There could be several reasons why your Bitcoin order on Fidelity is still open. One possibility is that there is not enough liquidity in the market to match your order. This can happen when there are not enough buyers or sellers at the price you specified. Another reason could be that your order was placed during a period of high volatility, and Fidelity is waiting for the market to stabilize before executing the order. Additionally, Fidelity may have certain order execution rules in place that require manual review before the order can be executed. It's also possible that there is a technical issue or delay on Fidelity's end. To get a better understanding of why your order is still open, I recommend reaching out to Fidelity's customer support for assistance.
  • avatarDec 27, 2021 · 3 years ago
    Hey there! It's not uncommon for Bitcoin orders on Fidelity to remain open for some time before being executed. This can happen due to various factors such as market conditions, liquidity, or technical issues. If there is not enough liquidity in the market to match your order, it may stay open until a buyer or seller is found at the desired price. High volatility can also cause delays in order execution as Fidelity may want to ensure a stable market before executing the order. If you're concerned about the status of your order, I suggest contacting Fidelity's customer support for further assistance. They'll be able to provide you with more specific information about your order.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to Bitcoin orders on Fidelity, it's not uncommon for them to remain open for a while. Fidelity, like many other exchanges, prioritizes order execution based on market conditions and liquidity. If there is not enough liquidity at the price you specified, your order may stay open until a match is found. Fidelity may also have certain order execution rules in place that require manual review before the order can be executed. It's important to note that Fidelity is not the only exchange that experiences open orders. Other exchanges, such as BYDFi, also have similar processes in place. If you have any concerns about your order, I recommend reaching out to Fidelity's customer support for clarification.