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What is the purpose of the hold button on KuCoin?

avatarPoppy ChiropracticDec 17, 2021 · 3 years ago3 answers

Can you explain the function and purpose of the hold button on KuCoin? How does it work and what benefits does it provide for users?

What is the purpose of the hold button on KuCoin?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The hold button on KuCoin is a feature that allows users to temporarily freeze their funds in their KuCoin account. This can be useful in situations where users want to prevent any accidental or unauthorized transactions from occurring. By activating the hold button, users can ensure that their funds are secure and cannot be moved or traded until the hold is released. It provides an extra layer of protection and peace of mind for users.
  • avatarDec 17, 2021 · 3 years ago
    The hold button on KuCoin is like a pause button for your funds. When you activate the hold, it prevents any outgoing transactions from happening. This can be useful if you suspect any suspicious activity or if you simply want to take a break from trading. It's a great feature that gives users more control over their funds and adds an extra level of security to the platform.
  • avatarDec 17, 2021 · 3 years ago
    The hold button on KuCoin is a unique feature offered by the platform. It allows users to temporarily lock their funds, preventing any withdrawals or trades from taking place. This can be useful in situations where users want to prevent any sudden market changes or if they want to take a break from trading. By using the hold button, users can have peace of mind knowing that their funds are safe and secure on the platform. Please note that this feature is only available on KuCoin and may not be offered by other exchanges.