Many cryptocurrency traders have experienced this scenario: you place an order that doesn't get filled, so you leave it untouched, thinking "maybe it'll hit someday." But when you check back days or weeks later, the order has mysteriously disappeared. This raises two key questions:
- Does OKX automatically cancel unfilled orders after prolonged inactivity?
- Can traders set custom expiration times for orders?
Understanding OKX's Order Expiration Policies
Spot Orders
Permanently active by default: Limit buy/sell orders remain valid indefinitely unless:
- The trading pair gets delisted
- The order price exceeds allowable ranges
- Account status changes (e.g., insufficient balance)
- System maintenance occurs
๐ Pro tip: Always verify your OKX account status
Contract Orders
OKX offers more flexibility with these order types:
- GTC: Valid until manually canceled
- IOC: Partial fills allowed, remainder cancels
- FOK: Requires complete immediate fill
- GTD: Automatically cancels at user-specified time
Setting Custom Expiration Times
- Contracts: Use GTD orders to set precise expiration
- Spot trading: Currently lacks expiration settings (requires manual management)
Why Orders Disappear: Common Oversights
- Partial fills that went unnoticed
- Switching trading pairs hides original orders
- Account balance changes triggering auto-cancellation
- Extreme price orders getting purged (rare)
5 Proactive Order Management Strategies
- Daily order reviews - Adjust prices as needed
- GTD orders for time-sensitive trades
- Price alerts via OKX mobile app
- Split large orders across multiple price points
- Monitor account balances affecting open orders
๐ Master advanced order types on OKX
FAQ: OKX Order Expiration
Q: How long do spot orders remain active?
A: Indefinitely, unless affected by system/account changes.
Q: Can I make spot orders expire automatically?
A: Not currently - requires manual cancellation.
Q: What's the advantage of GTD orders?
A: Perfect for traders with specific time-based strategies.
Q: Why did my order vanish without notification?
A: Likely due to partial fills, balance changes, or trading pair modifications.
Q: How often should I check open orders?
A: Recommended daily for active traders.
Remember: While OKX won't arbitrarily cancel spot orders, proactive management ensures you don't miss opportunities or face unexpected cancellations. For reliable OKX access, bookmark trusted navigation tools to avoid connectivity issues.