Is it normal for BTC on KuCoin to be on reserved status after cancelling the order?

I recently cancelled an order for BTC on KuCoin, but I noticed that the BTC is now in reserved status. Is this a normal occurrence after cancelling an order on KuCoin? What does it mean for my BTC?

3 answers
- Yes, it is normal for BTC on KuCoin to be on reserved status after cancelling an order. When you cancel an order, the BTC that was allocated for that order goes back into your account, but it remains in reserved status for a short period of time. During this time, the BTC cannot be traded or withdrawn. This is a security measure to ensure that the BTC is available in case you decide to place another order or make a withdrawal shortly after cancelling the previous order.
Mar 20, 2022 · 3 years ago
- Absolutely! It's totally normal for BTC on KuCoin to be on reserved status after cancelling an order. This is just a temporary status that allows the system to process the cancellation and make the BTC available for other potential trades. Don't worry, your BTC will be back to normal status soon and you'll be able to trade or withdraw it as you wish.
Mar 20, 2022 · 3 years ago
- Yes, it is normal for BTC on KuCoin to be on reserved status after cancelling an order. When you cancel an order, the BTC is temporarily put on reserved status to prevent any potential issues with the cancellation process. This ensures that the BTC is safely held until the cancellation is fully processed. Rest assured, your BTC will be available for trading or withdrawal once the reserved status is lifted. If you have any further concerns, you can reach out to KuCoin's support team for assistance.
Mar 20, 2022 · 3 years ago
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