How does the hold button on KuCoin work for cryptocurrency transactions?

3 answers

• Shiven ChandraApr 18, 2024 · a year ago
  When you click the hold button on KuCoin, it temporarily freezes the specified amount of cryptocurrency in your account. This prevents you from using those funds for any other transactions until you release the hold. The hold button is useful if you want to set aside a certain amount of cryptocurrency for a specific purpose, such as making a future trade or participating in an ICO. However, it's important to note that while the funds are on hold, they are still subject to market fluctuations, so the value may change during that time.
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• Manish GuptaApr 24, 2022 · 3 years ago
  The hold button on KuCoin is a convenient feature that allows you to lock a specific amount of cryptocurrency in your account. This can be useful if you want to prevent accidental spending or if you're waiting for a specific price point to buy or sell. By using the hold button, you can ensure that the funds are reserved for your intended purpose and not available for other transactions. It's a simple yet effective way to manage your cryptocurrency holdings on KuCoin.
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• Marcos_CastilloJul 27, 2020 · 5 years ago
  The hold button on KuCoin is a feature that allows you to temporarily lock a certain amount of cryptocurrency in your account. It's similar to putting a hold on funds in a traditional bank account. The main advantage of using the hold button is that it gives you more control over your funds. You can use it to set aside a specific amount for a future trade or to prevent accidental spending. However, it's important to remember that while the funds are on hold, they are still subject to market fluctuations, so the value may change. Overall, the hold button is a useful tool for managing your cryptocurrency transactions on KuCoin.
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