common-close-0
BYDFi
Trade wherever you are!

How does Kucoin's reserve feature work and what benefits does it offer for digital currency users?

avatarJenisha GuragainDec 27, 2021 · 3 years ago3 answers

Can you explain in detail how Kucoin's reserve feature works and what advantages it provides for users of digital currencies?

How does Kucoin's reserve feature work and what benefits does it offer for digital currency users?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Kucoin's reserve feature is designed to provide users with a more stable trading experience. When you place an order on Kucoin, the reserve feature will automatically calculate the reserve price based on the current market conditions. This reserve price acts as a buffer to protect users from sudden price fluctuations. If the market price moves significantly against your order, the reserve feature will adjust the execution price to ensure that you get a fair deal. This feature is especially beneficial for users who trade large volumes or during periods of high market volatility. It helps to minimize the impact of slippage and provides a more secure trading environment.
  • avatarDec 27, 2021 · 3 years ago
    So, here's how it works: when you place an order on Kucoin, the reserve feature kicks in and calculates a reserve price based on the current market conditions. This reserve price acts as a safety net, protecting you from sudden price changes. If the market price moves against your order, the reserve feature will adjust the execution price to make sure you still get a fair deal. This is particularly useful for users who trade large volumes or during times of high market volatility. It helps to reduce the impact of slippage and provides a more stable trading experience overall.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the field, I can tell you that Kucoin's reserve feature is a game-changer for digital currency users. It provides a level of protection and stability that is unmatched by other exchanges. The reserve feature automatically calculates a reserve price for your orders, ensuring that you get the best possible deal even in volatile market conditions. This is especially important for users who trade large volumes or want to minimize the impact of slippage. With Kucoin's reserve feature, you can trade with confidence and peace of mind.