PLACED | The order has been successfully created and submitted to the system, but processing has not yet started. This status indicates that the user's exchange request has been recorded and is awaiting further action. |
PROCESSING | The order is currently being processed. At this stage, the system is performing the necessary operations, such as checking account balances, calculating exchange rates, and possibly waiting for confirmation from the counterpart. |
COMPLETED | The order has been successfully processed and completed. This status indicates that the exchange operation has been fully completed, and the funds have been successfully exchanged and transferred to the user's specified account. |
FAILED | The order processing has failed. This can be due to various reasons, such as insufficient account balance, network issues, system errors, or other factors. This status indicates that the exchange operation was not successfully completed, and the user needs to check the specific reason and take appropriate action. |