What is the reason behind the set maximum limit for buying on KuCoin?

3 answers

• GuyorgJan 05, 2025 · 7 months ago
  The reason behind the set maximum limit for buying on KuCoin is to prevent market manipulation and ensure fair trading. By setting a limit, it helps to prevent large-scale purchases that could artificially inflate the price of a cryptocurrency. This measure is in place to protect investors and maintain market stability.
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• Agung SatrioAug 29, 2024 · a year ago
  KuCoin sets a maximum limit for buying cryptocurrencies to comply with regulatory requirements. Many jurisdictions have implemented rules to prevent money laundering and illicit activities in the cryptocurrency market. By imposing a buying limit, KuCoin can ensure that transactions are within legal limits and adhere to regulatory guidelines.
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• Melton LohseDec 28, 2024 · 7 months ago
  As an expert in the industry, I can say that the maximum limit for buying on KuCoin is a common practice among reputable exchanges. It is designed to prevent market manipulation and protect investors from sudden price fluctuations. By setting a limit, KuCoin aims to create a fair and transparent trading environment for all users.
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