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Is there a specific way to close orders on BitMEX?

avatarGail LazalitaDec 27, 2021 · 3 years ago3 answers

I'm new to BitMEX and I'm wondering if there is a specific method to close orders on the platform. Can someone guide me through the process of closing orders on BitMEX?

Is there a specific way to close orders on BitMEX?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there is a specific way to close orders on BitMEX. To close an order, you need to go to the 'Open Orders' tab on the BitMEX trading interface. From there, you can locate the order you want to close and click on the 'Close' button next to it. This will initiate the process of closing the order. It's important to note that closing an order on BitMEX doesn't guarantee immediate execution, as it depends on market conditions and liquidity.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Closing orders on BitMEX is quite straightforward. Once you're logged into your BitMEX account, navigate to the 'Open Orders' section. Find the order you wish to close and click on the 'Close' button. The system will then process your request and attempt to close the order. Keep in mind that market volatility and liquidity can affect the execution speed.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there is a specific way to close orders on BitMEX. When you want to close an order, you can simply click on the 'Close' button next to the order in the 'Open Orders' section. This will send a request to close the order. However, please note that the execution of the order may not be immediate and can be influenced by market conditions and liquidity. If you have any further questions, feel free to ask our team at BYDFi, as they are experts in BitMEX trading and can provide you with more detailed guidance.