The reasons why Ouyi’s new currency cannot be traded: 1. T+1 rule; 2. KYC verification; 3. Source of funds; 4. System maintenance; 5. Liquidity issues. Solution: 1. Wait for the trading day; 2. Complete KYC verification; 3. Check the source of funds; 4. Wait for system maintenance to be completed; 5. Try other exchanges or OTC markets.
The reasons and solutions for the inability to trade newly purchased currencies on OuYi
Reason:
Newly purchased currencies on the OuYi platform may not be able to be traded immediately for the following reasons:
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T+1 rule : Some currencies need to wait for one trading day (T+1) after purchase before they can be withdrawn and traded.
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KYC Verification: For users who have not completed KYC verification, the platform may restrict their trading functions.
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Source of funds: If the source of funds used to purchase currency is illegal or suspicious, the platform will freeze the transaction.
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System maintenance: While the platform is performing system maintenance, transactions may be suspended.
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Liquidity Issues: Some small coins or currencies with low liquidity may not be immediately tradable.
Solution:
Depending on different reasons, there are the following solutions:
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T+1 Rule: After waiting for one trading day, the currency will be unlocked automatically.
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KYC verification: Complete the KYC verification as soon as possible, and the platform will lift transaction restrictions.
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Source of funds: Check the legality of the source of funds. If you have any questions, please contact the platform customer service.
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System maintenance: Waiting for system maintenance to be completed, transactions will return to normal.
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Liquidity Issues: Try buying and selling these currencies on other exchanges or OTC markets.
Other notes:
- Check whether the currency you purchased is in the trading pair supported by the platform.
- Make sure you have enough balance for trading.
- Fully understand the risks of the currencies you trade.
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