Why Did My Limit Order Expire / Canceled?
Hello Kriptopers!
When you place a limit order on digitalexchange.id, there’s a chance it may end up marked as "expired" and automatically canceled—even if it was previously in a "pending" status. Here are some common reasons why this might happen:
Exceeded the Set Time Limit
Each limit order has an active time limit defined by the system. If the market price doesn’t reach your specified price within that time frame, your order will be automatically canceled and marked as expired. Make sure to always check the expiration time to avoid this issue.
No Match Found in the Market
A limit order will only be executed if there’s another user willing to buy or sell at the price you’ve set. If your price is too far from the current market price, it’s likely that no match will be found and your order will eventually expire.
Order Price Too High or Too Low
If the price you set is too high for selling or too low for buying, your order may stay pending and never get executed. To avoid your order expiring, make sure your price is realistic and aligns with market movements.
We hope this information helps you better understand how limit orders work and makes trading easier!
If you have any questions, feel free to contact our official email at [email protected].
Warm regards,
digitalexchange.id
