Borrow with Ultra-Low Interest for Leverage on KuCoin Margin Trading
Dear KuCoin Users,
To celebrate the launch of the KCS/USDT margin trading pair, KuCoin will launch an ultra-low interest borrowing activity from December 19 to December 23, 2019 (UTC + 8).
Activity Rules:
During the campaign period, KuCoin's official margin trading account will lend 200,000 USDT in the 28-day term USDT funding market every day at 18:00 (UTC+8). Users who borrow USDT from the KuCoin official account will enjoy a daily interest rate of just 0.01%. A total of 1,000,000 USDT will be lent during the activity.
Risk Warning:
Margin trading refers to the practice of borrowing funds with a relatively lower amount of capital to trade financial assets and obtain bigger profits. However, due to market risks, price fluctuations, and other factors, you are strongly recommended to be prudent about your investment actions, adopt an appropriate leverage level for margin trading, and properly stop your losses in a timely manner. KuCoin assumes no responsibility for any losses arising from the trade.
KuCoin reserves all rights to the final interpretation of this announcement.
The KuCoin Team