Are there any restrictions or limitations on Kucoin limit orders?
Hovmand BehrensApr 02, 2024 · 2 years ago1 answers
What are the restrictions or limitations that I should be aware of when placing limit orders on Kucoin?
1 answers
- LogixtuFeb 18, 2021 · 5 years agoKucoin has certain restrictions and limitations in place for limit orders to ensure fair and efficient trading. One of the main limitations is the minimum order size requirement. Depending on the trading pair and market conditions, there may be a minimum amount of cryptocurrency that you need to trade. This is to prevent small trades that could potentially disrupt the market. Additionally, there may be limitations on the price deviation allowed for limit orders. This means that if the market price moves too far away from your specified limit price, the order may not be executed. It's important to set a limit price that is within a reasonable range to increase the chances of your order being filled. Lastly, there may be certain trading pairs or assets that have additional restrictions or limitations imposed by Kucoin. It's recommended to review the platform's guidelines or contact their support for more information on these restrictions.
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