Q:
When you place an order with ‘reduceOnly=true’ in one-way mode or ‘SELL LONG’/‘BUY SHORT’ in hedge mode, you could get below error:
“-2022: ReduceOnly Order is rejected”
What could be the possible reasons?
A:
Several reasons you might want to check for reduceOnly order rejection:
- You don’t have any position to close
- You’re at the edge of liquidation
- You have other open orders that would be filled before the failed one and close all positions
A little bit explanation for #3 -
Let’s say your current position is 1 BTC for short; And you have an open order to close this BTC at 10000; If you place another order to close 1 BTC at 9999, it’d be rejected. (Because the order with 10000 for sure would be filled and close everything before this “9999” order )
If you still think you shouldn’t have been rejected after checking above things, please contact CS
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When you place an order with ‘reduceOnly=true’ in one-way mode or ‘SELL LONG’/‘BUY SHORT’ in hedge mode,
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