Skip to main content

Cancel OTC Deal

Cancel an active OTC (Over-The-Counter) deal that was previously created.

Endpoint

POST /v2/users/otcs/users/{user_id}/tokens/{token_id}/cancel

Headers

HeaderValue
Content-Typeapplication/json
AuthorizationBearer {token}

Path Parameters

ParameterTypeRequiredDescription
user_idstringYesThe unique identifier of the user who owns the deal
token_idstringYesThe unique identifier of the token

Request Body

{
"deal_id": 12
}

Parameters

ParameterTypeRequiredDescription
deal_idintegerYesThe unique identifier of the deal to cancel

Response

Returns a transaction ID for async processing. The cancellation is processed asynchronously.

Success Response (200 OK)

{
"transaction_id": "6913872755654191dede37da"
}

Response Fields

FieldTypeDescription
transaction_idstringTransaction ID for polling - use to check cancellation status

Example

Request

curl -X POST "\{\{baseUrl\}\}/v2/users/otcs/users/680c02896d91ca0145cfeb81/tokens/68ae06cfcccf4e8fc19362d1/cancel" \
-H "Content-Type: application/json" \
-H "Authorization: Bearer \{\{token\}\}" \
-d '{
"deal_id": 12
}'

Response

{
"transaction_id": "6913872755654191dede37da"
}

Note: Poll the transaction status endpoint to track cancellation completion.

Error Responses

400 Bad Request

{
"error": "Invalid parameters",
"details": "Deal ID is required"
}

401 Unauthorized

{
"error": "Authentication required"
}

403 Forbidden

{
"error": "Access denied",
"details": "You can only cancel your own deals"
}

404 Not Found

{
"error": "Deal not found",
"details": "The specified deal does not exist"
}

409 Conflict

{
"error": "Deal cannot be cancelled",
"details": "Deal is already completed or expired"
}

500 Internal Server Error

{
"error": "Internal server error"
}

Important Notes

  • Ownership Verification: Only the creator of the deal can cancel it
  • Deal Status: Only active deals can be cancelled
  • Token Return: Any locked tokens are returned to the user's available balance
  • Partial Execution: If the deal was partially executed, only the remaining quantity is cancelled
  • Counterparty Notification: Any interested counterparties are notified of the cancellation
  • Irreversible Action: Once cancelled, the deal cannot be reactivated
  • No Penalties: There are typically no penalties for cancelling OTC deals
  • Audit Trail: All cancellations are logged for audit and compliance purposes