What happens if I exceed the buying limits for cryptocurrencies on exchanges?

3 answers

• CJ NivinskiJul 29, 2020 · 5 years ago
  If you exceed the buying limits for cryptocurrencies on exchanges, the consequences can vary depending on the exchange. Some exchanges may cancel your transaction if you exceed the limits, while others may allow the transaction to go through but charge you additional fees. It's important to familiarize yourself with the specific policies of the exchange you are using to understand the potential consequences of exceeding the buying limits.
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• Robert L LewisNov 02, 2023 · 2 years ago
  Exceeding the buying limits for cryptocurrencies on exchanges can lead to different outcomes. Some exchanges may automatically cancel your transaction if you go over the limits, while others may allow the transaction to proceed but charge you extra fees. It's crucial to check the terms and conditions of the exchange you're using to know what happens if you exceed the buying limits.
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• Daniel GarciaApr 16, 2024 · a year ago
  When it comes to BYDFi, if you exceed the buying limits for cryptocurrencies on our exchange, your transaction will not be automatically cancelled. However, you may be subject to additional fees depending on the amount you exceed the limits. It's always a good idea to stay within the specified buying limits to avoid any unexpected charges.
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