Can I Change or Cancel a Pending Order in Crypto Futures?

Yes, you can change or cancel a pending Crypto Futures order at any time before it's filled. However, if the order gets matched on the exchange at the exact same moment you submit your cancellation, execution takes priority and your order will still go through as originally placed. This applies specifically to Limit Orders, which remain pending and editable for up to 90 days or until they're filled or canceled, unlike Market Orders, which execute immediately at the best available price and have no pending state to change. Changing the price or size on a pending order isn't an in-place edit at the exchange level — it's processed as canceling the original and submitting a new order with your updated terms, which is why the same race-condition risk applies to a change request as it does to an outright cancellation.

How it works:

• Changing a pending order effectively replaces it — the original order is cancelled and a new one is placed with your updated price or size.
• The race-condition scenario (your cancellation and a fill happening at the same instant) is rare but possible on any exchange, since order matching runs continuously in real time.
• Once an order is confirmed filled, it can no longer be changed or cancelled — only pending, unfilled orders are editable.
• This flexibility applies to Limit Orders specifically, since they can sit pending for up to 90 days; Market Orders execute immediately and never enter a pending, editable state.
• Canceling or changing a pending order has no cost or penalty attached — you can adjust your strategy as market conditions shift without being locked into your original price or size.

Related questions:

Q: Is there a time limit on changing or cancelling a pending order?
No. You can change or cancel a pending order at any time as long as it hasn't been filled yet, up to the full 90-day validity window that applies to Limit Orders before they expire, fill, or get canceled. There's no separate cooldown period or minimum holding time before you're allowed to make a change, so you can adjust an order multiple times in quick succession if market conditions call for it.

Q: What happens if my order fills right as I try to cancel it?
Execution takes priority. If the exchange matches your order at that exact moment, it will still be executed even though you submitted a cancellation, since order matching happens continuously and can't be interrupted mid-process. This is simply how exchange infrastructure works in general, not a rule unique to Pluang, so treat it as a low-probability edge case rather than something to actively plan around.

Q: Does changing a pending order create a new order?
Yes, effectively. Your original order is replaced with the updated price or size you set, which means it's technically processed as a cancellation followed by a fresh order submission rather than an in-place edit. Practically, this makes no difference to how you use the feature — you simply enter the new price or size and confirm, and the system handles the underlying replacement automatically.

Q: Can I change or cancel a Market Order the same way?
No. Market Orders execute immediately at the best available price and never sit in a pending state, so there's nothing to change or cancel once you've confirmed one — only Limit Orders offer this flexibility. If you want the ability to adjust your entry before it triggers, placing a Limit Order rather than a Market Order is the only way to retain that option.