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Are there any fees associated with cancelling a limit order on GDAX?

avatarJolene BradfordDec 26, 2021 · 3 years ago3 answers

I would like to know if there are any fees involved in cancelling a limit order on GDAX. Can someone please clarify this for me?

Are there any fees associated with cancelling a limit order on GDAX?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees associated with cancelling a limit order on GDAX. When you cancel a limit order, GDAX charges a small fee to cover the cost of processing the cancellation. The fee amount depends on the size of the order and the current fee schedule. It's important to note that the fee is deducted from your account balance, so you'll see a reduction in your available funds after cancelling the order.
  • avatarDec 26, 2021 · 3 years ago
    Cancelling a limit order on GDAX does come with fees. The exact amount of the fee depends on the size of the order and the current fee schedule. It's always a good idea to check the fee schedule on GDAX's website to get the most up-to-date information. Keep in mind that these fees are in place to ensure the smooth operation of the exchange and to discourage excessive order cancellations.
  • avatarDec 26, 2021 · 3 years ago
    When you cancel a limit order on GDAX, there may be fees involved. The specific fee amount depends on the size of the order and the current fee schedule. It's important to review GDAX's fee schedule to understand the exact fees associated with cancelling a limit order. Remember to consider these fees when managing your trades on GDAX to avoid any surprises.