BitShares Forum

Main => Technical Support => Topic started by: kirandivakar on December 23, 2017, 04:45:15 am

Title: how to cancel settlement order
Post by: kirandivakar on December 23, 2017, 04:45:15 am

Hi,

I am new to bitshares. I asked for settlement of bitUSD.  I think i have misunderstood what that means. I dont have any long or short positions. And I am unclear what the 'fair price' means at that time. DO i get bitshare according to the price which will be there at the time 24 hours after i placed the order? I thought it is at the time when i put in the order.

How Do i cancel the settlement order?

Any help is highly appreciated.

KD

Title: Re: how to cancel settlement order
Post by: pc on December 23, 2017, 09:38:42 am

Quote from: kirandivakar on December 23, 2017, 04:45:15 am

I am new to bitshares. I asked for settlement of bitUSD.  I think i have misunderstood what that means. I dont have any long or short positions. And I am unclear what the 'fair price' means at that time. DO i get bitshare according to the price which will be there at the time 24 hours after i placed the order? I thought it is at the time when i put in the order.

How Do i cancel the settlement order?

You will receive 99% of the settlement price at the time when settlement happens, i. e. 24 hours after requesting settlement.

It is not possible to cancel settlement requests.