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What is the meaning of 'in orders' on KuCoin and how does it relate to cryptocurrency trading?

avatarKalpana PDec 29, 2021 · 3 years ago3 answers

Can you explain the meaning of 'in orders' on KuCoin and how it is relevant to cryptocurrency trading? I would like to understand how this feature works and how it can be used to optimize trading strategies on the KuCoin platform.

What is the meaning of 'in orders' on KuCoin and how does it relate to cryptocurrency trading?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    In orders on KuCoin refer to the open orders placed by traders on the exchange. When you place an order to buy or sell a cryptocurrency on KuCoin, it is considered an 'in order' until it is executed or canceled. This feature allows traders to keep track of their pending orders and manage their trading activities effectively.
  • avatarDec 29, 2021 · 3 years ago
    When you place an order on KuCoin, it goes into the 'in orders' section until it is completed. This means that the order is still pending and has not been executed yet. It is important to monitor your 'in orders' to ensure that your trades are executed at the desired price and time.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, also uses the concept of 'in orders' to help traders manage their pending orders. It is a useful feature that allows traders to keep track of their open orders and make informed trading decisions. By monitoring the 'in orders' section, traders can optimize their trading strategies and take advantage of market opportunities.