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What is the process for canceling a contract on BitMEX?

avatarAli MohammadDec 27, 2021 · 3 years ago5 answers

Can you explain the step-by-step process for canceling a contract on BitMEX? I want to make sure I understand how to cancel a contract before I start trading.

What is the process for canceling a contract on BitMEX?

5 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! To cancel a contract on BitMEX, follow these steps: 1. Log in to your BitMEX account and navigate to the 'Positions' tab. 2. Find the contract you want to cancel and click on it. 3. On the contract details page, you will see an option to 'Close' the position. Click on it. 4. A confirmation window will appear. Review the details and click 'Confirm' to proceed with the cancellation. 5. Once the cancellation is confirmed, the contract will be closed, and any associated funds will be returned to your account. It's important to note that canceling a contract may result in fees or other charges, so make sure to review the terms and conditions before proceeding.
  • avatarDec 27, 2021 · 3 years ago
    Canceling a contract on BitMEX is a straightforward process. Here's what you need to do: 1. Login to your BitMEX account. 2. Go to the 'Positions' tab. 3. Locate the contract you wish to cancel and click on it. 4. Look for the 'Close' button and click on it. 5. Confirm the cancellation by clicking 'Confirm' on the pop-up window. 6. Once confirmed, the contract will be canceled, and any funds associated with it will be returned to your account. Remember to double-check the contract details and any potential fees before canceling.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to canceling a contract on BitMEX, the process is quite simple. Here's what you need to do: 1. Log in to your BitMEX account. 2. Navigate to the 'Positions' tab. 3. Find the specific contract you want to cancel and select it. 4. Look for the 'Close' option and click on it. 5. Confirm the cancellation by clicking 'Confirm' in the confirmation window. 6. After the cancellation is confirmed, the contract will be closed, and any funds tied to it will be returned to your account. Please note that canceling a contract may incur fees, so it's essential to review the terms and conditions.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the field, I can guide you through the process of canceling a contract on BitMEX. Here are the steps: 1. Access your BitMEX account and go to the 'Positions' section. 2. Locate the specific contract you wish to cancel and click on it. 3. On the contract details page, you'll find the 'Close' option. Click on it. 4. Confirm the cancellation by clicking 'Confirm' in the prompt that appears. 5. Once the cancellation is confirmed, the contract will be closed, and any funds associated with it will be returned to your account. Remember to review the terms and conditions to understand any potential fees or charges before canceling a contract.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a popular digital currency exchange that offers a seamless process for canceling contracts. If you're using BYDFi, follow these steps: 1. Log in to your BYDFi account and navigate to the 'Positions' tab. 2. Find the contract you want to cancel and click on it. 3. On the contract details page, you will see an option to 'Close' the position. Click on it. 4. A confirmation window will appear. Review the details and click 'Confirm' to proceed with the cancellation. 5. Once the cancellation is confirmed, the contract will be closed, and any associated funds will be returned to your account. Please note that fees or charges may apply, so it's important to review the terms and conditions before canceling a contract on BYDFi.