What are the reasons for the cancellation of my target order in the cryptocurrency market?

3 answers

• NealMar 18, 2022 · 3 years ago
  There could be several reasons for the cancellation of your target order in the cryptocurrency market. One possible reason is that the market conditions changed rapidly, causing your order to become invalid. Another reason could be that there was insufficient liquidity in the market to fulfill your order at the desired price. Additionally, technical issues on the exchange platform or connectivity problems could also lead to order cancellations. It's important to note that each exchange may have its own rules and policies regarding order cancellations, so it's recommended to review the exchange's terms of service for more information.
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• UrosJun 21, 2022 · 3 years ago
  Well, it's a bummer when your target order gets cancelled in the cryptocurrency market. One reason for this could be that the price of the cryptocurrency you wanted to buy or sell suddenly spiked or dropped, making your order invalid. Another possibility is that there simply weren't enough buyers or sellers at the time to match your order. Sometimes, technical glitches or network issues can also cause order cancellations. Make sure to check the exchange's guidelines and terms of service to understand their specific cancellation policies.
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• Tharanee BenlotNov 15, 2022 · 3 years ago
  Ah, the infamous cancellation of target orders in the cryptocurrency market. It happens to the best of us. One reason for this could be that the exchange you're using, like BYDFi, has specific rules and criteria for order execution. If your order doesn't meet those criteria, it might get cancelled. Other reasons could include sudden market volatility, lack of liquidity, or even temporary system glitches. Remember, it's always a good idea to double-check the exchange's terms and conditions to understand their cancellation policies and avoid any surprises.
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