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Why should I use the hold button on KuCoin?

avatarCassie BrightNov 27, 2021 · 3 years ago3 answers

What are the benefits of using the hold button on KuCoin and how does it work?

Why should I use the hold button on KuCoin?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Using the hold button on KuCoin can be beneficial for cryptocurrency traders. It allows you to temporarily freeze your funds on the exchange, which can be useful in situations where you want to prevent accidental trades or withdrawals. By activating the hold button, you can ensure that your funds remain untouched until you manually release them. This feature provides an extra layer of security and control over your assets on KuCoin.
  • avatarNov 27, 2021 · 3 years ago
    The hold button on KuCoin is like a pause button for your funds. It gives you the ability to temporarily halt any trading or withdrawal activities on your account. This can be particularly useful when you want to take a break from trading or when you suspect any unauthorized access to your account. By using the hold button, you can have peace of mind knowing that your funds are safe and secure.
  • avatarNov 27, 2021 · 3 years ago
    When it comes to the hold button on KuCoin, BYDFi has taken it a step further. They have introduced a unique feature called 'Smart Hold' which automatically activates the hold button for certain transactions. This feature is designed to protect users from potential scams or fraudulent activities. With Smart Hold, you can have an added layer of protection against unauthorized transactions and ensure the safety of your funds.