BinanceFutureCancelAlgoOrder
The Cancel Algo Order API allows users to cancel an active algorithmic order on USDⓈ-M Contracts in Binance Futures.
This record as markdown: /tools/nirholas-binance-mcp/binancefuturecancelalgoorder.md
What BinanceFutureCancelAlgoOrder does on Binance MCP Server
AI agents call BinanceFutureCancelAlgoOrder to permanently remove resources in Binance MCP Server, typically in cleanup and lifecycle workflows. It does its job in a single call, and there is no undo.
Why BinanceFutureCancelAlgoOrder is rated Critical
Cancelling an algorithmic order is an irreversible action — once cancelled, the order cannot be reinstated. This terminates an active trading strategy mid-execution on futures contracts, which could result in significant financial exposure or missed positions.
From the tool's definition cancel an active algorithmic order on USDⓈ-M Contracts in Binance Futures
Attacks that exploit this kind of access
The rule that runs BinanceFutureCancelAlgoOrder safely
PolicyLayer is an MCP gateway: it sits between your AI agents and Binance MCP Server, and checks every tool call against a rule you set before the call runs. Nothing changes on the server itself. For BinanceFutureCancelAlgoOrder, this is the rule to start with:
BinanceFutureCancelAlgoOrder is removed from the agent's tool list entirely, so the agent never calls it. The rest of the server keeps working.
The button opens the PolicyLayer dashboard: create your workspace, connect Binance MCP Server, apply this rule, and every BinanceFutureCancelAlgoOrder call is checked against it from then on.
Questions about BinanceFutureCancelAlgoOrder
The Cancel Algo Order API allows users to cancel an active algorithmic order on USDⓈ-M Contracts in Binance Futures. It is categorised as a Destructive tool in the Binance MCP Server MCP Server, which means it can permanently delete or destroy data. Block by default and require explicit approval.
Register the Binance MCP Server MCP server in PolicyLayer and add a rule for BinanceFutureCancelAlgoOrder: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Binance MCP Server. Nothing to install.
BinanceFutureCancelAlgoOrder is a Destructive tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.
Yes. Add a rate_limit block to the BinanceFutureCancelAlgoOrder rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.
Set action: deny in the PolicyLayer policy for BinanceFutureCancelAlgoOrder. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.
BinanceFutureCancelAlgoOrder is provided by the Binance MCP Server MCP server (nirholas/binance-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.
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