Placed an order but realized the price was wrong, changed your mind, or your plan was disrupted by market trends? Binance allows you to cancel unexecuted orders at any time, and your funds or crypto will be immediately unfrozen. The path to cancel orders differs slightly between the web and the APP. This article thoroughly explains all order cancellation methods, including the one-click bulk cancellation shortcut. Going directly via the Binance official website on PC is the fastest, while using the Binance official app on mobile is just as easy. For iPhone users without the app, please read the iOS installation guide.
Basic Principles of Canceling Orders
First, let's clear up a few things:
- Only "unexecuted" orders can be canceled. Orders that have already been executed cannot be withdrawn.
- For partially executed orders, you can cancel the remaining part. For instance, if you placed a sell order for 10 BTC and 3 have been sold, the remaining 7 can be canceled.
- Canceling an order incurs no fees, and funds or coins are immediately unfrozen.
- Limit orders, Stop-Limit, OCO, and Trailing Stops can all be canceled.
- Canceling a Market order is meaningless—it executes almost instantly after submission.
Web Cancellation Paths
Method 1: Cancel Below the Spot Order Book
- Go to "Trade" → "Spot" → Any trading pair interface.
- Scroll to the bottom of the page to the "Open Orders" section.
- Here displays all unexecuted orders for your current account.
- On the right side of each order, there is a "Cancel" button.
- Click Cancel → Confirm on the pop-up → The order immediately disappears.
Method 2: Unified Management in Order Center
- Click your profile icon in the top right → "Orders" → "Spot Order".
- It defaults to the "Open Orders" tab.
- You can filter by Coin Pair, Order Type, and Buy/Sell Direction.
- There is a "Cancel" button next to each order.
- There is a "Cancel All" button at the top to clear everything with one click.
Method 3: One-Click Cancel All on the Trading Interface
In the "Open Orders" area below the spot order book, there is a "Cancel All" link in the top right corner:
- It will cancel all unexecuted spot orders for the current account, not just for the current trading pair.
- A confirmation pop-up will appear before execution, as the operation is irreversible.
- This is highly convenient when you have many pending orders.
APP Cancellation Paths
Method 1: Quick Cancel on the Trading Page
- Open the Binance APP → Bottom "Trade" → "Spot".
- Scroll down below the order book to see the "Open Orders" list.
- Swipe left on an order → A red "Cancel" button appears.
- Click Cancel → Confirm → The order disappears.
Method 2: Bulk Operation on the Orders Page
- Bottom of the APP "Wallets" or "Account" → "Orders" (or via the clipboard icon).
- Switch to "Spot" at the top → "Open Orders".
- There is a "Cancel All" button in the top right corner.
- You can also swipe to cancel individual orders.
Method 3: Separate Management for Futures Orders
Futures orders are completely separate from spot orders. The path is:
- APP: "Futures" → "Positions / Open Orders" tabs below the chart.
- Web: "Trade" → "USDM Futures" → "Open Orders" at the bottom of the page.
One-click cancellation of Futures orders does not affect Spot orders, and vice versa.
How to Cancel OCO Orders
An OCO (One-Cancels-the-Other) order consists of two linked orders. When canceling:
- Canceling either one → The other is automatically canceled.
- In the order list, OCO orders are marked with an "OCO" prefix for easy identification.
- You do not need to cancel them separately twice.
Canceling Trailing Stops and Stop-Limit Orders
These two types of orders can be canceled at any time before they are triggered, and the operation is the same as limit orders.
But note: Once a stop order is triggered, it is immediately submitted to the order book as a Limit or Market order. Triggered but unexecuted stop orders can still be found and canceled in "Open Orders".
Practical Tips for Bulk Operations
Cancel by Filtering Trading Pairs
The order center supports filtering by trading pair. In the "Spot Order" page, select for example "ETH/USDT" at the top. It will only show orders for that pair. Then, clicking "Cancel All" will only cancel ETH/USDT orders without affecting other pairs.
Filter by Order Type
The order center also supports filtering by order type:
- View only Limit orders
- View only Stop-Limit
- View only OCO
Filter first and then bulk cancel to precisely control the scope.
API Bulk Cancellation
Users utilizing the API can call the DELETE /api/v3/openOrders endpoint to cancel all orders for a specific pair at once. The DELETE /api/v3/order endpoint precisely cancels a single order. Script traders almost exclusively use the API to cancel orders.
When Are Funds Unfrozen After Cancellation?
- Spot: After canceling, funds are immediately unfrozen, and the balance refreshes within 1 second.
- Futures: After canceling, margin is immediately released.
- Earn: Not applicable (there are no pending orders in Earn).
If you find the balance hasn't changed after canceling, press F5 to refresh the page or re-enter the account to check.
Common Reasons for Cancellation Failure
Reason 1: The Order Has Already Been Executed
The exact moment you clicked cancel, someone filled your order. This situation will show "Order status changed" or "Cancel failed". Checking your trade history will reveal the order has been completed.
Reason 2: Network Latency
Poor mobile network or server latency causes no response after clicking. Wait 5-10 seconds and try again, or switch networks.
Reason 3: Account Under Risk Control
Under abnormal account status (new login, suspicious activity), you might be prohibited from placing and canceling orders. Go to "Account" → "Security" to see if there are prompts, and complete identity verification as instructed to restore access.
Reason 4: Binance System Maintenance
Binance occasionally has system maintenance announcements (usually notified 24 hours in advance). During maintenance, trading functions are suspended. Check official announcements or the status page for confirmation.
Frequently Asked Questions
Q: Will canceling orders too frequently trigger risk control?
A: Normal users frequently canceling orders will not trigger risk control. Binance's risk control primarily targets behaviors like wash trading, spoofing, and abnormal bot activity. For a personal user, canceling dozens of times a day is perfectly fine. However, high-frequency API cancellations are subject to Rate Limits.
Q: What if a pending order never executes?
A: Two choices: One is to keep the order pending; it will execute if the price ever hits that point. The other is to cancel and place a new one. Pending orders do not expire long-term unless manually canceled. If they clutter your list, you can filter by pair to clear them in bulk.
Q: Can I place a new order after canceling?
A: Yes. Canceling an order does not affect any account functions, and you can immediately place a new order. Funds are instantly unfrozen upon cancellation and are available for new orders.
Q: Will canceling an order affect trading fee rebates?
A: No. Fees are only generated and calculated when the order is executed; unexecuted orders are not charged. The "Maker" qualification during the pending period only applies to the actually executed portion. Canceling does not affect rebates on historical executions.