Bitcoin Forum
March 29, 2024, 06:18:08 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Do cancelled orders have fees?  (Read 111 times)
juanpi (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
January 18, 2018, 01:54:12 AM
 #1

Do the exchanges charge fees if you send an order and cancel it before it gets filled?
1711693088
Hero Member
*
Offline Offline

Posts: 1711693088

View Profile Personal Message (Offline)

Ignore
1711693088
Reply with quote  #2

1711693088
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711693088
Hero Member
*
Offline Offline

Posts: 1711693088

View Profile Personal Message (Offline)

Ignore
1711693088
Reply with quote  #2

1711693088
Report to moderator
yukinohana.htn
Newbie
*
Offline Offline

Activity: 60
Merit: 0


View Profile
January 18, 2018, 01:58:55 AM
 #2

Of course no fee, fee will be counted only if the orders filled!
juanpi (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
January 18, 2018, 02:24:59 AM
 #3

Of course no fee, fee will be counted only if the orders filled!
Then nothing refrains people/companies from placing and removing thousands of orders per second?
Exchanges could also charge for that.
mrtryonebiggums
Full Member
***
Offline Offline

Activity: 322
Merit: 111


Revolutionized Rotating Savings & Borrowings


View Profile
January 18, 2018, 02:53:27 AM
 #4

Of course no fee, fee will be counted only if the orders filled!
Then nothing refrains people/companies from placing and removing thousands of orders per second?
Exchanges could also charge for that.

Yeah you are bang on, nothing stops people from placing and replacing those orders but the thing is people want those coins and those orders will never stopped begin place. It would be insane if they took our money regardless of whether they offered the service or not. That is like you placing yourself in queue for a haircut then deciding I don't want a haircut and the barber then says you have to pay $1 for the queue, you would be incensed. Same deal here it simply will never happen you are protected, and after all they want your money eventually pissing you off would accomplish nothing Grin.

TeamUp
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
January 18, 2018, 02:53:59 AM
 #5

Do the exchanges charge fees if you send an order and cancel it before it gets filled?


In Cryptopia it doest not. Also i really doubt any exchange will charge you fee when you cancel order, If it does, then you will lose all youre investment in "cancel fee" rather than you lose you're investment because the price of coins falls down.

Soksuci
Member
**
Offline Offline

Activity: 199
Merit: 10

Mercy


View Profile
January 18, 2018, 03:49:41 AM
 #6

No it won't

Because the fees are taken from the transaction you had, if you didn't have a transaction so how come the exchange take the fee?

So please, cancel your order anytime you want Smiley
X-ray
Hero Member
*****
Offline Offline

Activity: 2828
Merit: 520


Leading Crypto Sports Betting & Casino Platform


View Profile
January 18, 2018, 05:25:06 AM
 #7

Of course no fee, fee will be counted only if the orders filled!
Then nothing refrains people/companies from placing and removing thousands of orders per second?
Exchanges could also charge for that.
It will never have happened because you are trading in the centralised exchange site, the exchange has no right to charge those are cancelling their orders.

Because that means if their orders haven't executed by the system and then their funds will be back to the hot wallet again. Fees only applied when your warrants get executed.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
HeRetiK
Legendary
*
Offline Offline

Activity: 2884
Merit: 2061



View Profile
January 18, 2018, 06:34:31 AM
 #8

Of course no fee, fee will be counted only if the orders filled!
Then nothing refrains people/companies from placing and removing thousands of orders per second?
Exchanges could also charge for that.


They could charge for that, but that would simply drive people away to other exchanges that don't. Traditional exchanges and brokers usually don't charge for unfilled orders either.

Note that this is also the reason why you should largely ignore buy and sell walls and why market depth can hardly be trusted.
Rubick99
Member
**
Offline Offline

Activity: 484
Merit: 11


View Profile
January 18, 2018, 06:45:12 AM
 #9

No fees if the order has canceled. Fees just for order that reach the target. And fees taken by precentage from your transaction 

AliCris
Sr. Member
****
Offline Offline

Activity: 532
Merit: 251



View Profile
January 18, 2018, 06:52:10 AM
 #10

The Exchange charges a commission only for the transactions made, that is, with your profit. Since the transaction was not perfect, then there is nothing to charge a commission.
Bitinity
Legendary
*
Offline Offline

Activity: 3024
Merit: 1308



View Profile
January 18, 2018, 07:12:15 AM
 #11

Correct me if I'm wrong, afaik exchange like etherdelta charges you some fees on every order you make no matter your order will be filled or not because you pay the fees on the placement of the order. But most other exchange such as bittrex, poloniex, livecoin, etc wont charge you a fee for your order before your order is filled. So normally fee is only for succeed/finished order.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
satria33
Hero Member
*****
Offline Offline

Activity: 812
Merit: 500



View Profile
January 18, 2018, 07:24:22 AM
 #12

Maybe for some exchangers do not charge a fee for cancel order, but maybe etherdelta will charge a fee to cancel order
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!