What are the reserved assets in KuCoin?

3 answers

• Nov 29, 2021 · 3 years ago
  Reserved assets in KuCoin refer to the funds that are set aside and not available for trading. These funds are usually held in reserve to ensure the liquidity and stability of the exchange. When users deposit funds into their KuCoin account, a portion of those funds may be reserved and not immediately available for trading. This helps to prevent sudden market fluctuations and ensures that there are enough funds to fulfill withdrawal requests. Reserved assets can include cryptocurrencies and fiat currencies.
  512256
• Nov 29, 2021 · 3 years ago
  Reserved assets in KuCoin act as a safety net for the exchange and its users. By holding a portion of the funds in reserve, KuCoin can better manage risk and protect against potential losses. This also helps to maintain the overall stability of the exchange and instills confidence in its users. It's important to note that reserved assets are not locked or inaccessible, but rather temporarily held to ensure the smooth operation of the exchange.
  447149
• Nov 29, 2021 · 3 years ago
  In the case of BYDFi, a digital asset exchange, reserved assets play a crucial role in maintaining the liquidity of the platform. By setting aside a certain amount of funds as reserves, BYDFi can ensure that there are enough assets available for trading and withdrawals. This helps to prevent situations where users are unable to execute trades or withdraw their funds due to insufficient liquidity. Reserved assets also provide an added layer of security for users, as they help to mitigate the impact of sudden market fluctuations.
  533134