Cryptocurrency trading is extremely popular due to its loose regulations and insane volatility. At the forefront of this movement is Binance, one of the world’s leading crypto exchanges. It’s pretty common when trading to want to cancel an order if you change your mind or something else happens, but does Binance charge for cancelled orders?
No, Binance does not charge for cancelled orders. Your trade amount will be reverted into your account. You can see your cancelled order history in your account dashboard.
Let’s be honest, it doesn’t cost Binance anything to cancel orders, so why should they charge you right?