-
Bitcoin $109,459.7682
2.44% - Ethereum
$2,598.6052
6.29% - Tether USDt
$1.0003
0.00% - XRP
$2.2734
3.95% - BNB
$661.4886
1.58% - Solana
$155.4825
4.35% - USDC
$0.9999
-0.02% - TRON
$0.2838
1.04% - Dogecoin
$0.1740
8.25% - Cardano
$0.6047
9.04% - Hyperliquid
$40.2302
6.50% - Sui
$2.9863
10.05% - Bitcoin Cash
$509.5786
0.60% - Chainlink
$13.8156
6.03% - UNUS SED LEO
$9.0142
0.69% - Avalanche
$19.0337
8.68% - Stellar
$0.2438
5.17% - Toncoin
$2.9012
3.59% - Shiba Inu
$0.0...01210
6.20% - Litecoin
$90.0882
7.05% - Hedera
$0.1597
8.53% - Monero
$326.3340
2.88% - Polkadot
$3.6365
9.32% - Bitget Token
$4.6162
2.72% - Dai
$1.0001
0.00% - Ethena USDe
$1.0002
-0.01% - Uniswap
$7.6403
10.47% - Pepe
$0.0...01060
12.03% - Aave
$281.3664
7.56% - Pi
$0.4992
1.76%
Can Upbit leverage trading be canceled
Upbit leverage trading can be canceled before order execution by accessing "My Orders," selecting the order, and clicking the "Cancel" button.
Nov 20, 2024 at 03:37 am
Can Upbit Leverage Trading Be Canceled?
Upbit, one of the leading cryptocurrency exchanges in South Korea, offers a range of trading options, including leverage trading. Leverage trading allows traders to amplify their profits by borrowing funds from the exchange, effectively increasing their trading power. However, it also carries additional risks, as traders can lose more than their initial investment.
So, can Upbit leverage trading be canceled?
The answer is yes. Upbit allows traders to cancel their leverage trading orders before they are executed. This can be done through the "My Orders" section of the Upbit trading platform.
How to Cancel Upbit Leverage Trading
1. Log in to your Upbit account and navigate to the "My Orders" section.
2. Find the leverage trading order that you wish to cancel.
3. Click the "Cancel" button next to the order.
4. Confirm the cancellation by clicking the "Yes" button.
Your leverage trading order will now be canceled.
Additional Considerations
- Leverage trading orders can only be canceled before they are executed.
- Once an order has been executed, it cannot be canceled.
- If you cancel a leverage trading order, the funds that were borrowed from the exchange will be returned to your account.
- You can also cancel all of your open leverage trading orders at once by clicking the "Cancel All" button in the "My Orders" section.
Tips for Managing Leverage Trading Risk
- Use leverage wisely. Leverage can amplify your profits, but it can also amplify your losses. Only use leverage if you are comfortable with the additional risk.
- Set stop-loss orders. A stop-loss order is a type of order that automatically sells your cryptocurrency if it falls below a certain price. This can help you to limit your losses in the event of a sudden market downturn.
- Monitor your positions closely. Keep an eye on your leverage trading positions and make sure that you are comfortable with the level of risk that you are taking.
- Be prepared to lose. Leverage trading can be a risky business. Be prepared to lose some or all of your investment.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Crypto Summer Buys: Is Shiba Inu Out, and What's In?
- 2025-07-03 18:30:12
- Bitcoin, Solaris Presale, and Coin Watch: Catching the Next Wave
- 2025-07-03 19:10:11
- BONK ETF Buzz: Catalyst for a Meme Coin Moonshot?
- 2025-07-03 19:50:12
- Sui Coin, Bitcoin Solaris, and the Presale Opportunity: Catching the Next Wave
- 2025-07-03 19:50:12
- Sui Coin, Bitcoin Solaris, and Presale Opportunities: What's the Buzz?
- 2025-07-03 19:55:14
- MEXC's Bitcoin Reserves: A Fortress of Asset Coverage
- 2025-07-03 19:55:14
Related knowledge
How to identify the contract value range in combination with the market profile?
Jul 02,2025 at 10:56pm
Understanding the Market ProfileTo effectively identify the contract value range in combination with the market profile, it's essential to first understand what each concept entails. The market profile is a framework that helps traders visualize how price and time interact across a given period, typically a trading day or session. It provides insights i...
How to use the price slope to filter the false breakthrough signal of the contract?
Jun 20,2025 at 06:56pm
Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...
How to determine the expected volatility of the contract through the volatility cone?
Jun 19,2025 at 12:28pm
Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...
How to formulate a contract intraday trading plan in combination with the pivot point system?
Jun 21,2025 at 03:42pm
Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...
How to adjust the contract position ratio through the price fluctuation entropy?
Jun 22,2025 at 11:42am
Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...
How to use the volume swing indicator to predict the contract volume-price divergence?
Jun 18,2025 at 11:42pm
Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...
How to identify the contract value range in combination with the market profile?
Jul 02,2025 at 10:56pm
Understanding the Market ProfileTo effectively identify the contract value range in combination with the market profile, it's essential to first understand what each concept entails. The market profile is a framework that helps traders visualize how price and time interact across a given period, typically a trading day or session. It provides insights i...
How to use the price slope to filter the false breakthrough signal of the contract?
Jun 20,2025 at 06:56pm
Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...
How to determine the expected volatility of the contract through the volatility cone?
Jun 19,2025 at 12:28pm
Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...
How to formulate a contract intraday trading plan in combination with the pivot point system?
Jun 21,2025 at 03:42pm
Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...
How to adjust the contract position ratio through the price fluctuation entropy?
Jun 22,2025 at 11:42am
Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...
How to use the volume swing indicator to predict the contract volume-price divergence?
Jun 18,2025 at 11:42pm
Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...
See all articles
