What is the purpose of the "hold" button on KuCoin for cryptocurrency transactions?

3 answers

• Only.hocineNov 26, 2023 · 2 years ago
  The "hold" button on KuCoin is a feature that allows users to temporarily freeze their funds in a specific cryptocurrency. When you click on the "hold" button, it prevents those funds from being used for trading or withdrawal. This feature can be useful for users who want to secure their funds or prevent accidental trades. It provides an extra layer of protection and control over your assets.
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• Nisar QayyumJul 11, 2021 · 4 years ago
  The purpose of the "hold" button on KuCoin is to give users the ability to pause their trading activities temporarily. By clicking on the "hold" button, users can prevent any changes or transactions from occurring with their held funds. This can be useful in situations where users want to take a break from trading or need to reassess their investment strategy. It provides flexibility and control over your trading activities.
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• Nick SpenceAug 13, 2024 · a year ago
  As an expert from BYDFi, I can tell you that the "hold" button on KuCoin is a unique feature that sets it apart from other exchanges. It allows users to put a temporary hold on their funds, which can be beneficial in volatile market conditions. By using the "hold" button, users can prevent their funds from being affected by sudden price fluctuations and make more informed trading decisions. It's a valuable tool for risk management and ensuring the safety of your investments.
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