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What does the status 'completed' mean for a ledger order in the realm of cryptocurrencies?

avatarcodemaverickDec 16, 2021 · 3 years ago3 answers

In the world of cryptocurrencies, when a ledger order is marked as 'completed', what does it signify and how does it affect the transaction process? Can you explain the implications of this status for both buyers and sellers?

What does the status 'completed' mean for a ledger order in the realm of cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When a ledger order is marked as 'completed' in the realm of cryptocurrencies, it means that the transaction has been successfully executed and the funds have been transferred from the buyer to the seller. This status indicates that the order has been fulfilled and the transaction is considered finalized. For buyers, it means that their purchase has been successfully processed and they can expect to receive the digital assets they bought. For sellers, it means that they have successfully sold their assets and can expect to receive the corresponding payment.
  • avatarDec 16, 2021 · 3 years ago
    In the world of cryptocurrencies, the status 'completed' for a ledger order is like the green light at the end of the transaction tunnel. It signifies that the transaction has been successfully processed and the funds have been transferred as intended. This status is a relief for both buyers and sellers, as it confirms the successful completion of the transaction. Buyers can now sit back and wait for their digital assets to be delivered, while sellers can expect to receive their payment without any further delays or issues.
  • avatarDec 16, 2021 · 3 years ago
    When a ledger order is marked as 'completed', it means that the transaction has been successfully processed and the funds have been transferred. This status is crucial for ensuring the integrity and transparency of the transaction process. At BYDFi, we prioritize the completion of ledger orders to provide a seamless trading experience for our users. Our advanced technology ensures that transactions are executed efficiently and accurately, resulting in a 'completed' status for the ledger orders.