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

If I exceed the buying limits for cryptocurrencies on exchanges, what are the consequences? Will my transaction be cancelled or will I be charged additional fees?

3 answers
- 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.
Mar 20, 2022 · 3 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.
Mar 20, 2022 · 3 years 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.
Mar 20, 2022 · 3 years ago
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