Home FAQ DCA bot 08-Will it matter if I cancel the bot order on the exchange?

DCA bot 08-Will it matter if I cancel the bot order on the exchange?

Last updated on Aug 16, 2024

Will it matter if I cancel the bot order on the exchange?

DCA bots place orders by generating active deals. The order of active deals is devided into four typies:base order,safety order,take profit order and stop loss order.

  • If you cancel the base order or safety order,DCA bot will skip this order to place next order according to the order of safety orders. For example if you cancel the base order the bot will place the first safety order. If you cancel the first safety order the bot will place the second safety order until the last safety order.

  • If you cancel the take profit order,the bot will replace the original take profit order,so you cant cancel the take profit order on exchange

  • The stop loss order is condition order, the bot will place the stop loss order only when the condition is met so you cant cancel the stop loss order on exchange