You placed a limit order on Binance but the price never reached your target — how do you cancel it? What if part of it has already been filled — can you cancel the rest?
How to Cancel an Unfilled Pending Order
After registering on Binance, if you've placed a limit order in spot trading that hasn't been filled, canceling is simple:
On the app:
- Open the trading interface
- Find "Open Orders" or "Unfilled Orders" at the bottom
- Locate the order you want to cancel
- Tap the "Cancel" button
- Confirm cancellation
On the web:
- Find "Open Orders" at the bottom of the trading interface
- Locate the order
- Click "Cancel" on the right side
After cancellation, frozen funds are immediately returned to your available balance.
Can Partially Filled Orders Be Canceled?
Yes. If a limit order has been partially filled, you can cancel the remaining unfilled portion.
For example, you placed a buy order for 10 ETH, 3 were filled, and 7 remain unfilled. After canceling:
- The 3 filled ETH are credited normally
- The frozen funds for the remaining 7 ETH are released to your balance
- The order status changes to "Partially Filled / Canceled"
The already-filled portion cannot be reversed — once a trade is matched, it's irreversible.
Batch Order Cancellation
If you have many pending orders and want to cancel them all at once:
On the app:
- Go to the Open Orders page
- Find the "Cancel All" button in the upper right
- Choose to cancel all orders for the current trading pair or all trading pairs
On the web:
- Above the Open Orders list
- Click "Cancel All"
- Select the cancellation scope
Batch cancellation is very useful when the market suddenly changes, allowing you to quickly clear all pending orders.
Are There Fees for Canceling Orders?
No. Canceling unfilled orders on Binance is completely free with no fees. You can freely place and cancel orders without worrying about extra costs.
However, if you frequently place and cancel large numbers of orders in extremely short intervals (e.g., dozens per second), it may trigger the anti-spoofing mechanism, temporarily restricting order placement. Normal usage won't encounter this issue.
Automatic Order Cancellation
Besides manual cancellation, some order types cancel automatically under certain conditions:
IOC Orders (Immediate or Cancel) Fills as much as possible at the current price immediately, and automatically cancels the unfilled portion.
FOK Orders (Fill or Kill) Either fills completely or cancels entirely — no partial fills accepted.
GTD Orders (Good Till Date) Set an expiration time; the unfilled portion is automatically canceled when the time expires.
GTC Orders (Good Till Canceled) The default option — the order stays active until you manually cancel it or it's fully filled.
How Long Until Funds Are Released After Cancellation?
Instantly. After clicking cancel, the frozen funds (USDT or the relevant crypto in your spot account) immediately become available balance, ready for new orders right away.
FAQ
Q: Can market orders be canceled? Usually not. Market orders execute instantly at the best available price — they're completed so quickly there's no time to cancel.
Q: Can TP/SL orders be canceled? Yes. Untriggered take-profit/stop-loss orders can be canceled in "Conditional Orders."
Q: What if I want to place a new order after canceling? Simply enter a new price and quantity to place a new order. The canceled order doesn't affect new ones.
If you need to operate on mobile, consider downloading the Binance app first.
Summary
Canceling orders on Binance is very straightforward — unfilled orders can be canceled for free at any time, and partially filled orders can have their remaining portion canceled. Build the habit of periodically checking your limit orders — if the market has shifted, don't hesitate to cancel rather than stubbornly holding onto an unreasonable price.