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How does KuCoin define 'dealt orders' in the context of buying and selling cryptocurrencies?

avatarAbslute Zer UndrtkrDec 26, 2021 · 3 years ago3 answers

Can you explain how KuCoin defines 'dealt orders' when it comes to buying and selling cryptocurrencies? I'm curious to know the specific criteria that KuCoin uses to determine whether an order has been 'dealt' or not.

How does KuCoin define 'dealt orders' in the context of buying and selling cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to buying and selling cryptocurrencies on KuCoin, 'dealt orders' refer to the orders that have been successfully executed. In other words, these are the orders that have been matched with a counterparty and the transaction has been completed. KuCoin considers an order as 'dealt' when it has been filled and the corresponding cryptocurrency has been transferred to the buyer's or seller's account.
  • avatarDec 26, 2021 · 3 years ago
    KuCoin defines 'dealt orders' as the orders that have been successfully processed and completed on their platform. This means that when you place an order to buy or sell cryptocurrencies on KuCoin and it gets matched with another user's order, resulting in a successful transaction, that order is considered as 'dealt'. It's important to note that 'dealt orders' are different from 'open orders' which are the orders that are still waiting to be matched and executed.
  • avatarDec 26, 2021 · 3 years ago
    In the context of buying and selling cryptocurrencies on KuCoin, 'dealt orders' are the orders that have been successfully executed and completed. This means that when you place an order to buy or sell a cryptocurrency and it gets matched with another user's order, resulting in a successful trade, that order is considered as 'dealt'. KuCoin ensures that all 'dealt orders' are accurately recorded and reflected in your account balance, providing transparency and accountability for your trading activities.