I have a Coinbase account.
I Buy Bitcoin hoping that it will go up.
It goes up and I would like to close the trade.
I open the order and the only option I have is to "Cancel Order."
I'm assuming it's because the order has not yet been filled.
Once the order is filled I will be able to close the trade.
It's been 30 minutes and the order has not yet been filled. So I canceled the order.
How long does it take for an order to be filled?
It actually depends on the market situation and the price set. Of course, we can't expect to have it filled when the volume is low and the price is moving slowly while we are setting the price too high. We have to consider that trading is also a competition as we are not the only person who is trading and wanted to get filled with our order. For if we are selling, the cheaper price offered will get too fast but if we are also buying, the higher offer will then easily get filled.