Can I undo a pending order on a digital asset exchange?

3 answers

• Ric SMay 04, 2025 · 4 months ago
  Yes, you can usually cancel a pending order on a digital asset exchange before it gets executed. Most exchanges provide a 'cancel' or 'cancel order' option in your account dashboard or trading interface. Simply locate the pending order you want to cancel and click on the cancel button. It's important to note that once an order is executed, it cannot be undone. So make sure to cancel the order before it gets filled.
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• DarGraApr 21, 2023 · 2 years ago
  Absolutely! If you've accidentally placed a pending order on a digital asset exchange, don't panic. Most exchanges allow you to cancel pending orders as long as they haven't been executed yet. Just go to your account settings or trading interface, find the order you want to cancel, and click on the cancel button. It's always a good idea to double-check your orders before submitting them to avoid any unnecessary cancellations.
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• BovettJan 14, 2024 · 2 years ago
  Yes, you can cancel a pending order on a digital asset exchange. However, the process may vary depending on the exchange you're using. For example, on BYDFi, one of the popular digital asset exchanges, you can cancel a pending order by going to the 'Open Orders' section in your account dashboard and clicking on the 'Cancel' button next to the order you want to undo. Remember to cancel the order before it gets executed, as executed orders cannot be reversed.
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