Kraken: 45 coins are on cancel only, 21 were announced – what to check when trading pairs are blocked
When you place a sell order on a crypto exchange and the platform rejects it without comment, the fault is rarely yours. More often the trading pair sits in a state that the exchange itself publishes, but which appears nowhere on the buy screen. The most important of these states is called cancel only, and it means this: existing orders can only be cancelled, new ones are no longer accepted. You cannot sell in that pair any more.