How does KuCoin define 'dealt orders' in the context of buying and selling cryptocurrencies?
Abslute 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.
3 answers
- Dec 26, 2021 · 3 years agoWhen 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.
- Dec 26, 2021 · 3 years agoKuCoin 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.
- Dec 26, 2021 · 3 years agoIn 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.
Related Tags
Hot Questions
- 91
What is the future of blockchain technology?
- 75
How does cryptocurrency affect my tax return?
- 66
Are there any special tax rules for crypto investors?
- 25
What are the tax implications of using cryptocurrency?
- 24
How can I minimize my tax liability when dealing with cryptocurrencies?
- 16
How can I buy Bitcoin with a credit card?
- 16
How can I protect my digital assets from hackers?
- 11
What are the best digital currencies to invest in right now?