What is the meaning of 'dealt orders' on KuCoin in the context of cryptocurrency trading?

3 answers

• Mohammedumer MohdumetJan 19, 2025 · a year ago
  Sure! 'Dealt orders' on KuCoin refer to the completed transactions of buying or selling cryptocurrencies on the exchange. When a user places an order to buy or sell a specific cryptocurrency, it is matched with another user's order on the opposite side. Once the trade is executed and the transaction is completed, it is considered a 'dealt order'. This means that the buyer has successfully purchased the desired amount of cryptocurrency at the specified price, and the seller has successfully sold their cryptocurrency. Dealt orders are important indicators of market activity and liquidity on KuCoin.
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• ShoonyaMar 26, 2022 · 4 years ago
  In simple terms, 'dealt orders' on KuCoin mean that a trade has been successfully executed. It represents the completion of a transaction where a buyer and a seller agree on the price and quantity of a particular cryptocurrency. Dealt orders are crucial for determining the market price of a cryptocurrency and assessing its trading volume. They provide insights into the demand and supply dynamics of the market and help traders make informed decisions.
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• Rafael GomezOct 11, 2022 · 4 years ago
  Well, on KuCoin, 'dealt orders' are the completed trades that have taken place on the platform. When a buyer and a seller agree on the terms of a trade, the order is matched and executed, resulting in a 'dealt order'. It signifies that the transaction has been successfully completed, and the buyer and seller have exchanged the specified amount of cryptocurrency at the agreed-upon price. Dealt orders are a key metric for evaluating the trading activity and liquidity on KuCoin, as they reflect the actual transactions happening on the exchange.
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