How to Cancel a Trade on Binance

1. Log in to Your Binance Account: Start by logging into your Binance account using your credentials.

2. Navigate to the Spot Trading Interface: Once logged in, go to the Spot Trading page. You can find this under the "Trade" tab in the main menu.

3. Open the Open Orders Tab: On the Spot Trading page, locate the "Open Orders" tab. This section displays all the orders you have placed that are still active.

4. Identify the Trade You Want to Cancel: In the Open Orders tab, find the specific trade you wish to cancel. You can see details such as the trading pair, order type, and order status.

5. Cancel the Trade: Click on the "Cancel" button next to the order you want to cancel. A confirmation pop-up will appear.

6. Confirm Cancellation: Confirm your cancellation by clicking "Yes" or "Confirm" in the pop-up window. Your trade will be removed from the Open Orders list.

7. Check for Confirmation: After cancellation, verify that the order is no longer listed in your Open Orders tab.

Additional Tips:

• Canceling During High Volatility: If you’re trying to cancel an order during high market volatility, there may be a slight delay. Be patient and check your order status regularly.

• Using the Mobile App: You can also cancel trades using the Binance mobile app by following similar steps. Navigate to the "Orders" section and then to "Open Orders" to cancel.

• Order Types: Note that some orders, like market orders, may not be cancelable if they have already been executed.

• Fees: Binance generally does not charge a fee for canceling orders, but always check their current fee structure for any updates.

By following these steps, you can efficiently manage your trades and avoid unnecessary losses.