What happens when I click the hold button on KuCoin?

5 answers

• karthik reddyAug 16, 2021 · 4 years ago
  When you click the hold button on KuCoin, it temporarily freezes your funds and prevents them from being used for trading or withdrawal. This feature is useful when you want to secure your funds and prevent any unauthorized access or transactions. While your funds are on hold, you will not be able to make any trades or withdraw them. However, you can still view your holdings and monitor the market. Once you release the hold, your funds will become available for trading and withdrawal again.
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• thomasAndersonDec 27, 2024 · 7 months ago
  Clicking the hold button on KuCoin is like putting your funds in a safe deposit box. It adds an extra layer of security to your account by preventing any unauthorized use of your funds. While your funds are on hold, you won't be able to trade or withdraw them, but you can rest assured that they are safe and protected. It's a great feature to use when you want to take a break from trading or when you suspect any suspicious activity on your account.
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• dukkesMay 31, 2023 · 2 years ago
  When you click the hold button on KuCoin, your funds will be placed on hold by the exchange. This means that you won't be able to use them for trading or withdrawal until you release the hold. The hold feature is designed to provide an additional level of security for your funds, especially in situations where you suspect any unauthorized access or potential security breaches. It's a great way to protect your assets and ensure that they are safe on the platform. Please note that this feature is only available on KuCoin and may not be offered by other exchanges.
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• JAHANZAIB mirzaNov 15, 2021 · 4 years ago
  The hold button on KuCoin is a feature that allows you to temporarily lock your funds on the platform. When you click the hold button, your funds will be frozen and cannot be used for trading or withdrawal. This feature is useful when you want to prevent any accidental trades or unauthorized access to your funds. While your funds are on hold, you can still view your account balance and monitor the market, but you won't be able to make any transactions. Once you release the hold, your funds will be available for trading and withdrawal again.
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• Angshu BiswasJun 03, 2022 · 3 years ago
  BYDFi, a leading digital asset exchange, offers a hold button feature similar to KuCoin. When you click the hold button on BYDFi, your funds will be temporarily locked and cannot be used for trading or withdrawal. This feature is designed to provide an extra layer of security for your funds, especially in situations where you suspect any unauthorized access or potential security breaches. While your funds are on hold, you can still view your account balance and monitor the market. Once you release the hold, your funds will be available for trading and withdrawal again.
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