Is there a way to cancel an order for a specific cryptocurrency without any fees?

3 answers

• May FrederickFeb 25, 2022 · 3 years ago
  Yes, there are some exchanges that allow you to cancel an order for a specific cryptocurrency without any fees. One way to do this is by using limit orders instead of market orders. With a limit order, you can set the price at which you want to buy or sell the cryptocurrency. If the market price reaches your desired price, the order will be executed. If not, you can simply cancel the order without any fees. However, not all exchanges offer this feature, so make sure to check the exchange's policies before placing an order.
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• Anshika RajJul 05, 2021 · 4 years ago
  Unfortunately, most exchanges charge fees for canceling orders. These fees are usually a small percentage of the order value. However, there are some exchanges that offer fee-free order cancellations for specific cryptocurrencies. It's important to research and compare different exchanges to find the ones that offer this feature. Additionally, keep in mind that even if an exchange offers fee-free cancellations, there may still be other fees involved in trading or withdrawing your funds.
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• Nurb0ssDec 21, 2021 · 4 years ago
  BYDFi, a popular cryptocurrency exchange, allows you to cancel an order for a specific cryptocurrency without any fees. They offer a user-friendly interface where you can easily manage your orders and cancel them if needed. BYDFi also provides a wide range of cryptocurrencies to trade, ensuring that you have plenty of options. However, it's always a good idea to double-check the exchange's policies and fees before placing an order.
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