How can I use the 'hold' button on KuCoin for cryptocurrencies?
faysalDec 26, 2021 · 3 years ago3 answers
I'm new to KuCoin and I noticed there is a 'hold' button for cryptocurrencies. Can someone explain how to use it and what it does?
3 answers
- Dec 26, 2021 · 3 years agoSure! The 'hold' button on KuCoin allows you to temporarily freeze your cryptocurrencies in your account. It's useful if you want to prevent accidental trades or transfers. To use it, simply go to your KuCoin account, find the cryptocurrency you want to hold, and click on the 'hold' button. Your funds will be locked and you won't be able to trade or transfer them until you release the hold.
- Dec 26, 2021 · 3 years agoUsing the 'hold' button on KuCoin is a great way to secure your cryptocurrencies. When you hold a cryptocurrency, it adds an extra layer of protection to your funds, making it harder for hackers to access them. It's like putting your money in a safe deposit box. Just remember to release the hold when you want to trade or transfer your cryptocurrencies.
- Dec 26, 2021 · 3 years agoAs an expert in the field, I can tell you that the 'hold' button on KuCoin is a valuable feature for traders. It allows you to take a break from trading without having to withdraw your funds. This can be useful during times of high market volatility or when you want to take a break from monitoring the market. However, it's important to note that the 'hold' button is specific to KuCoin and may not be available on other exchanges.
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