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What are the dealt orders on KuCoin and how do they work?

avatarTychsen CurrieDec 26, 2021 · 3 years ago7 answers

Can you explain what dealt orders are on KuCoin and how they function? I'm new to trading on KuCoin and would like to understand this concept better.

What are the dealt orders on KuCoin and how do they work?

7 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Dealt orders on KuCoin refer to the completed trades that have been executed on the exchange. When a buyer and a seller agree on a price for a specific cryptocurrency, a dealt order is created. This means that the trade has been successfully executed and the cryptocurrency has been transferred from the seller's account to the buyer's account. Dealt orders are an important indicator of market activity and liquidity on KuCoin.
  • avatarDec 26, 2021 · 3 years ago
    Dealt orders on KuCoin work similarly to other cryptocurrency exchanges. When a user places a buy or sell order, it is matched with a corresponding order from another user. Once the order is matched, the trade is considered a dealt order. The price at which the trade is executed depends on the current market conditions and the availability of matching orders. It's important to note that the execution of a dealt order is subject to the availability of liquidity in the market.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi is a popular decentralized exchange that also supports dealt orders. On BYDFi, users can place buy or sell orders and have them matched with other users' orders to create dealt orders. The process of executing a dealt order on BYDFi is similar to that of KuCoin and other exchanges. However, BYDFi offers additional features such as decentralized governance and enhanced security measures to ensure a safe and transparent trading experience.
  • avatarDec 26, 2021 · 3 years ago
    Dealt orders are an essential part of any cryptocurrency exchange, including KuCoin. They represent the completed trades that have taken place on the platform. When a user places a buy or sell order, it is matched with a corresponding order from another user, resulting in a dealt order. The price at which the trade is executed is determined by the market conditions and the availability of matching orders. Dealt orders provide valuable information about the liquidity and trading activity on KuCoin.
  • avatarDec 26, 2021 · 3 years ago
    Dealt orders on KuCoin are the completed trades that have been executed on the exchange. When a buyer and a seller agree on a price for a specific cryptocurrency, a dealt order is created. This means that the trade has been successfully executed and the cryptocurrency has been transferred from the seller's account to the buyer's account. Dealt orders are an important metric to consider when analyzing the market activity and liquidity on KuCoin.
  • avatarDec 26, 2021 · 3 years ago
    Dealt orders on KuCoin are the trades that have been successfully executed on the exchange. When a user places a buy or sell order and it is matched with a corresponding order from another user, a dealt order is created. The price at which the trade is executed depends on the current market conditions and the availability of matching orders. Dealt orders play a crucial role in determining the price and liquidity of cryptocurrencies on KuCoin.
  • avatarDec 26, 2021 · 3 years ago
    Dealt orders on KuCoin are the completed trades that have been executed on the platform. When a user places a buy or sell order, it is matched with a corresponding order from another user, resulting in a dealt order. The price at which the trade is executed is determined by the market conditions and the availability of matching orders. Dealt orders provide valuable insights into the trading activity and liquidity on KuCoin.