diff --git a/freqtrade/exchange/common.py b/freqtrade/exchange/common.py
index 72ad774b6..d04241e29 100644
--- a/freqtrade/exchange/common.py
+++ b/freqtrade/exchange/common.py
@@ -86,6 +86,7 @@ EXCHANGE_HAS_OPTIONAL = [
     # 'fetchPositions',  # Futures trading
     # 'fetchLeverageTiers',  # Futures initialization
     # 'fetchMarketLeverageTiers',  # Futures initialization
+    # 'fetchOpenOrder', 'fetchClosedOrder',  # replacement for fetchOrder
     # 'fetchOpenOrders', 'fetchClosedOrders',  # 'fetchOrders',  # Refinding balance...
 ]
 
diff --git a/freqtrade/exchange/exchange_utils.py b/freqtrade/exchange/exchange_utils.py
index 98e05bf7a..f8da47fee 100644
--- a/freqtrade/exchange/exchange_utils.py
+++ b/freqtrade/exchange/exchange_utils.py
@@ -40,21 +40,30 @@ def available_exchanges(ccxt_module: Optional[CcxtModuleType] = None) -> List[st
 
 
 def validate_exchange(exchange: str) -> Tuple[bool, str]:
+    """
+    returns: can_use, reason
+        with Reason including both missing and missing_opt
+    """
     ex_mod = getattr(ccxt, exchange.lower())()
+    result = True
+    reason = ''
     if not ex_mod or not ex_mod.has:
         return False, ''
     missing = [k for k in EXCHANGE_HAS_REQUIRED if ex_mod.has.get(k) is not True]
     if missing:
-        return False, f"missing: {', '.join(missing)}"
+        result = False
+        reason += f"missing: {', '.join(missing)}"
 
     missing_opt = [k for k in EXCHANGE_HAS_OPTIONAL if not ex_mod.has.get(k)]
 
     if exchange.lower() in BAD_EXCHANGES:
-        return False, BAD_EXCHANGES.get(exchange.lower(), '')
-    if missing_opt:
-        return True, f"missing opt: {', '.join(missing_opt)}"
+        result = False
+        reason = BAD_EXCHANGES.get(exchange.lower(), '')
 
-    return True, ''
+    if missing_opt:
+        reason += f"{'. ' if reason else ''}missing opt: {', '.join(missing_opt)}. "
+
+    return result, reason
 
 
 def _build_exchange_list_entry(