What does the hold button mean on Kucoin and how does it affect my cryptocurrency transactions?

1 answers

• Dec 26, 2021 · 3 years ago
  The hold button on Kucoin is a feature that allows users to temporarily freeze their funds. When you activate the hold button, your funds will be locked and cannot be used for trading or withdrawals. This feature is particularly useful if you suspect any unauthorized activity on your account or if you want to prevent any accidental transactions. It gives you more control over your funds and helps protect your assets. However, it's important to note that activating the hold button may also delay your transactions, as it adds an extra layer of verification. So, if you're in a hurry to make a trade or withdrawal, it's best to keep the hold button deactivated.
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