Are there any restrictions or requirements when changing a limit order on Binance for a cryptocurrency?

3 answers

• Consulting GroupJan 20, 2025 · 6 months ago
  When changing a limit order on Binance for a cryptocurrency, there are a few restrictions and requirements to keep in mind. Firstly, the order must be within the allowed price range set by Binance. This means that you cannot change the limit price to a value that is outside the specified range. Additionally, there may be minimum and maximum quantity limits for certain cryptocurrencies, so you need to ensure that your order falls within these limits. It's also important to note that there may be fees associated with changing a limit order, so it's advisable to check the fee structure on Binance's website or contact their customer support for more information.
  666

  333
• RatevyraApr 19, 2024 · a year ago
  Changing a limit order on Binance for a cryptocurrency is subject to certain restrictions and requirements. One important restriction is that you can only modify the price or quantity of the order, and not the type of order. For example, you cannot change a limit order to a market order or vice versa. Additionally, there may be time restrictions for modifying orders, especially during periods of high market volatility. It's recommended to check Binance's website or consult their support team for the specific requirements and limitations when changing a limit order.
  571

  191
• Braswell ElmoreMar 02, 2023 · 2 years ago
  When it comes to changing a limit order on Binance for a cryptocurrency, it's important to understand the requirements set by the exchange. Binance has specific rules in place to ensure fair and efficient trading. However, it's worth noting that the requirements may vary depending on the cryptocurrency you're trading. For example, some cryptocurrencies may have different minimum order sizes or price increments. It's always a good idea to review Binance's trading rules and guidelines to ensure compliance when modifying a limit order. If you have any specific questions or concerns, you can reach out to Binance's customer support for assistance.
  650

  163