KuCoin Futures Terms of Use

These Futures Services Terms (these “Futures Terms”) constitute a legally binding agreement between you (“User”, “you”, or “your”) and KuCoin (“KuCoin”, “we”, “us”, or “our”) and govern your access to and use of the futures trading services, associated margin facilities and any other related services (collectively, the “Futures Services”) made available by the KuCoin platform.

By activating a Futures Account (as defined below), transferring funds and assets into it, placing any order, or otherwise accessing or using any of the Futures Services, you acknowledge that you have read, understood, and irrevocably agree to be bound by these Futures Terms and all incorporated KuCoin Terms. If you do not agree, you must immediately cease all use of the Futures Services.

 

IMPORTANT RISK DISCLOSURE:

(A) Trading in futures involves a substantial risk of loss and is not suitable for every user and investor. the use of leverage can work against you as well as for you. you could lose some or all of your initial investment. by accessing the futures services, you acknowledge that you fully understand these risks.

(B) You may find synthetic derivative products designed to track the price movements of certain publicly available traditional equities (also known as Stock Index Perpetual Contract) and commodities at the Futures section (“Tradfi Perps”). However, please take notice that these products are purely stablecoin-settled synthetic derivatives. They do not constitute, and shall not be construed as, equities, securities, or traditional financial instruments under any applicable law. Trading these contracts confers no ownership interest, voting rights, or entitlement to dividends in any underlying corporate entity or component of the index. no physical shares, securities, or certificates will ever be issued, transferred, or delivered to you in connection with these contracts.

(C) Tradfi Perps services are sourced, quoted, managed, and provided by independent third-party service providers or liquidity venues, and not by KuCoin. With respect to these specific contracts, KuCoin acts merely as a technological interface to facilitate your access. KuCoin does not endorse, guarantee, or assume any counterparty risk for these products. To the maximum extent permitted by applicable law, KuCoin shall not be liable or responsible in any manner whatsoever for any direct, indirect, incidental, or consequential losses, damages, or liquidations incurred by you arising out of or in connection with transacting in Tradfi Perps. This includes, without limitation, losses resulting from third-party pricing errors, index calculation discrepancies, system latency, execution failures, or the default or insolvency of the underlying third-party service provider.

 

1. INCORPORATION BY REFERENCE AND PRIORITY

1.1 Relationship to General Terms

These Futures Terms are supplemental to, and must be read together with, KuCoin’s general Terms of Use (the “Terms of Use”), Privacy Policy, Risk Disclosure Statement, Trading Rules, fee schedule, and any other rules, policies, or guidelines published or incorporated by reference on the Platform, each as revised from time to time (collectively, the “KuCoin Terms”). All capitalized terms not defined herein shall have the meanings ascribed to them in the Terms of Use.

1.2 Hierarchy of KuCoin Terms 

In the event of any conflict or inconsistency between a provision in these Futures Terms and the Terms of Use, the provision in these Futures Terms shall prevail solely with respect to the specific subject matter of the Futures Services.

 

2. DEFINITIONS

For the purposes of these Futures Terms, the following definitions apply:

“Available Balance” or “Margin Balance” means the real-time total equity value of your Futures Account. This figure represents the aggregate sum of: (i) the total value of all Margin and Collateral held in the account (inclusive of any deposits or realized profits); and (ii) any Unrealized Profit and Loss (PnL) associated with your outstanding open positions.

“Bankruptcy Price” means the exact execution price level of a given Contract at which the allocated Margin Balance for a specific position is entirely depleted, representing a total loss of the Collateral securing that Position.

“Contract” or “Futures Contract” means any derivative trading instrument, including but not limited to any Perpetual Contract, fixed-delivery futures contract, Tradfi Perps, USDT-M Contract, USDC-M Contract, or Coin-M Contract, that is available for trading via the Futures Services.

“Collateral” means any eligible digital assets, fiat currency, or other approved assets transferred to, deposited in, or held within the Futures Account for the express purpose of satisfying Initial Margin or Maintenance Margin requirements, or otherwise securing the User’s open positions and trading obligations. KuCoin reserves the absolute right to determine and modify the eligibility of any asset used as Collateral.

“Coin-M Contract” means a derivative product where the underlying currency (e.g., USD, BTC, ETH) is used as the margin and settlement currency. It comes in two types: Perpetual Contract and delivery futures, which settle on a fixed date (BTCUSD-27MAR26). 

“Cross Margin Mode” means a unified risk management framework wherein all eligible Collateral held within the applicable Futures Account is aggregated and shared across all open Positions. In this mode, unrealized profits from one position may be utilized to offset unrealized losses or fulfill the Maintenance Margin requirements of another, exposing the entirety of the Available Balance to Liquidation risk in the event of severe adverse market movements.

“Funding Rate” or “Funding Fee” means the variable, periodic payment exchanged directly between Users holding opposing (long and short) open positions in a Perpetual Contract. This mechanism is dynamically calculated and implemented to algorithmically anchor the Perpetual Contract's trading price to the underlying spot Index Price.

“Futures Account” means the dedicated sub-account within the platform utilized exclusively for accessing and utilizing the Futures Services. For Users who have elected to upgrade to or activate a unified account feature, "Futures Account" shall be construed to mean such unified account structure through which the Futures Services are accessed, margined, and managed.

“Index Price” means the weighted average price of an underlying asset or designated price source, calculated across a basket of major, highly liquid cryptocurrency exchanges or independent service providers, as determined by KuCoin in its sole and absolute discretion.

“Initial Margin” means the minimum amount of eligible Collateral required to be allocated in order to open a new position.

“Isolated Margin Mode” means a risk management framework wherein a specified amount of Collateral is segregated and allocated solely to a specific open position or Contract, thereby restricting the Liquidation risk and maximum potential loss for that specific position strictly to the allocated Collateral.

“Liquidation” means the automatic, involuntary, or forced closure of a User’s open position(s) by KuCoin’s risk engine when the applicable margin ratio falls below the required Maintenance Margin level.

“Maintenance Margin” means the absolute minimum Margin Balance required to be maintained within the Futures Account (or allocated to a specific Position) to prevent the automatic triggering of a Liquidation event. 

“Margin” means in respect of any transaction or position, the aggregate value of the Initial Margin plus or minus any Collateral subsequently added to, or deducted from, the Futures Account to satisfy ongoing Margin requirements. Margin serves as the fundamental security and credit support for your obligations under any Transaction.

“Mark Price” means the reference price calculated by KuCoin utilizing the Index Price and a decaying funding basis rate. The Mark Price is utilized to calculate unrealized Profit and Loss (PnL) and to trigger Liquidations, serving to mitigate the impact of temporary volatility and prevent market manipulation.

“Order” means any binding electronic instruction or request for the purchase, sale, or modification of a Futures Contract, transmitted by you (or on your authorized behalf via API or the Platform interface) and subsequently accepted and processed by KuCoin in connection with the Futures Services.

“Perpetual Contract” means a stablecoin-settled derivative product that operates without a fixed expiration or settlement date, and which aligns its trading price with the underlying spot Index Price or other price sources as reasonably determined by KuCoin or other service providers, continuously via the exchange of Funding Fees.

“Trading Rules” means the operational guidelines, risk limit tiers, margin parameters, contract specifications, and leverage caps published on the Platform governing the Futures Services, as may be unilaterally amended by KuCoin from time to time.

“USDT-M Contract” or “USDC-M Contract” means a Perpetual Contract quoted, margined, settled and denominated in USDT or USDC respectively.

 

3. ACCESS AND ELIGIBILITY

3.1 To access the Futures Services, you must: (a) maintain an active, KYC/KYB verified User account in good standing; (b) complete any knowledge test and/or suitability assessment required by KuCoin; and (c) not be a resident of any jurisdictions or regions where futures and derivative trading is prohibited or restricted by applicable laws and regulations (such as Spain and Australia).

It is also advisable that you should possess the relevant sophistication, and experience to understand the high risks of leveraged derivatives trading (including the Futures Contracts). 

3.2 KuCoin may permit the creation of sub-accounts for Futures trading. You are solely responsible for all activity, liability, and margin requirements of any sub-account authorized by your master account.

3.3 KuCoin may, in its sole discretion, refuse to activate or may suspend/terminate any Futures Account at any time, with or without notice.

3.4 You are solely responsible for the security of your Futures Account credentials and all activities conducted under it. All transfers into the Futures Account are irrevocable except as expressly permitted by KuCoin in writing.

 

4. THE FUTURES SERVICES

4.1 The Futures Services empower you to trade digital asset-based Futures Contracts utilizing leverage across various margin frameworks, including but not limited to Isolated Margin and Cross Margin modes.

4.2 KuCoin reserves the absolute right, exercisable in its sole discretion and without prior notice or liability, to: (a) modify, suspend, restrict, or discontinue all or any portion of the Futures Services, features, or functions available on the Platform; and (b) delist, suspend trading in, or force the settlement of any trading pair or Futures Contract temporarily or permanently.

4.3 You acknowledge that the regulatory environment for digital asset derivatives and Futures Contract is highly fragmented. Access to certain products, services, or features within the Futures Services may not be lawfully offered or available in your jurisdiction or region. You bear the sole responsibility for understanding and strictly complying with all local laws, regulations, and restrictions applicable to your access and use of the Futures Services. KuCoin reserves the right to impose additional geofencing or account restrictions at any time to ensure regulatory compliance.

 

5. ORDERS, EXECUTION, AND POSITIONS

5.1 Order Placement and Authorization 

(a) Orders may only be submitted via the Platform’s official user interface or approved APIs. You agree to comply with all applicable Trading Rules when placing any Order. 

(b) Any Order received by KuCoin from your account, or utilizing your API credentials, shall be deemed conclusively authorized by you. KuCoin is entitled to rely and act upon such Orders without further inquiry. If an Order is ambiguous or inconsistent, KuCoin may interpret and execute it in any manner it reasonably deems appropriate, without liability. 

(c) You acknowledge that the submission of an Order to the platform does not constitute its execution. An Order is only executed when it is matched with a corresponding Order in the order book.

(d) Orders may only be cancelled or modified prior to their execution. You acknowledge that during rapid market movements, it may be technologically impossible to cancel or modify an Order before it is matched and executed.

5.2 Order Execution, Volatility, and Slippage

(a) The Platform supports various Order types (including, without limitation, Limit, Market, Advanced Limit, Conditional, Trailing Stop).  

(b) Execution is never guaranteed. Prices may differ significantly from anticipated quotes due to market conditions, latency, or liquidity constraints. 

(c) You expressly acknowledge that Market Orders are executed immediately at the best available price in the order book. During periods of high volatility or thin liquidity, significant “slippage” may occur. KuCoin does not guarantee a specific execution price for Market Orders and bears no responsibility for partial fills, order failures, or execution at prices materially different from those anticipated. 

5.3 To protect the integrity of the platform, KuCoin retains the unilateral right, exercisable in its sole discretion based on market conditions, liquidity, or internal risk assessments, to: 

(a) refuse, cancel, or modify any Order (in whole or in part); 

(b) reject any Order that would cause you to exceed applicable position limits, order size limits, or leverage caps; 

(c) aggregate your Orders with those of other users for execution; and 

(d) dynamically adjust the maximum leverage, position limits, or risk limit tiers applicable to any specific Futures Contract or to your Futures Account.

5.4 KuCoin may implement dynamic trading risk controls to the Futures Services at any time to protect platform stability and user interests. Such risk control measures may include, without limitation:  

(a) adjusting the risk matrix and margin requirements in response to extreme market volatility; 

(b) prohibiting transfers, trading, or specific operations for accounts deemed high-risk; and 

(c) imposing a “Reduce Only” restriction on your account or specific Contracts. If a "Reduce Only" restriction is implemented, you will only be permitted to enter into risk-reducing transactions or close existing open positions, and you will be strictly prohibited from increasing your exposure or opening new positions.

5.5 Futures Index and Tradfi Perps Transactions 

(a) The Platform may offer Futures Contracts that reference a digital asset or traditional financial price index designed to track the performance of a basket of underlying constituent assets (each, a “Futures Index”, and such transactions, “Index Transactions”). This includes, without limitation, Tradfi Perps (synthetic perpetual contracts tracking traditional equity, commodity, or other legacy financial benchmarks). You acknowledge and agree that Index Transactions are intended to track the aggregate or blended performance of the index constituents and do not confer any ownership, voting, or economic rights (such as airdrops, dividends, or interest) to the individual assets comprising the index.

(b) The inclusion of any specific digital asset or traditional security within a Futures Index or TradFi Perp does not constitute an endorsement, recommendation, or representation by KuCoin as to the quality, value, or suitability of such asset. Before entering into an Index Transaction, you represent that you have independently reviewed and understood the specific methodology for calculating the index value, the applicable rebalancing procedures, and the criteria governing constituent additions or removals.

(c) KuCoin makes no representation, warranty, or guarantee that any Index Transaction or TradFi Perp will perfectly or accurately track the real-time value of the referenced benchmark. You acknowledge the inherent risk of "tracking error," where the price on the Platform may deviate from the underlying index due to liquidity constraints, network latency, or third-party data discrepancies. Furthermore, you acknowledge that the past performance of any Futures Index is not a guarantee or reliable indicator of future results.

5.6 In calculating Index Prices, Mark Prices, or providing general market data on the Platform, KuCoin may rely on price feeds, indices, and data obtained from third-party spot cryptocurrency exchanges or external service providers (“Third-Party Data”). You acknowledge and agree that: 

(a) KuCoin does not guarantee the accuracy, completeness, timeliness, or availability of any Third-Party Data; 

(b) KuCoin does not endorse any specific third-party index made accessible through the Platform; and 

(c) any use of or reliance on Third-Party Data is entirely at your own risk. KuCoin shall not be liable for the content of such Third-Party Data, any discrepancies or calculation errors contained therein, or any trading losses flowing from your reliance thereon.

 

6. MARGIN, FUNDING, AND LIQUIDATION 

6.1 Margin and Leverage Requirements

(a) You strictly agree to maintain sufficient eligible digital assets in your Futures Account at all times to satisfy the Margin and Maintenance Margin requirements applicable to your open positions. 

(b) KuCoin calculates Margin requirements based on position value, selected leverage, risk tiers, and prevailing market conditions. KuCoin reserves the right, in its sole and absolute discretion and without prior notice, to dynamically adjust margin requirements, risk limit tiers, and maximum permitted leverage (e.g., reducing maximum leverage from 100x to 20x during volatile periods). 

(c) You acknowledge that utilizing higher leverage exponentially increases both potential returns and the risk of rapid Liquidation.

6.2 To mitigate the risk of market manipulation and prevent unnecessary liquidations caused by temporary price dislocations or illiquidity on the Platform, KuCoin utilizes a proprietary Mark Price system. You expressly acknowledge and agree that any unrealized Profit and Loss (PnL) and Liquidation Events are triggered by the Mark Price, not the “Latest Traded Price” (the most recent traded price on the Platform). The Mark Price may deviate significantly from the Latest Traded Price during extreme market volatility.

6.3 Liquidation Protocols

You are strictly required to actively monitor your positions and margin levels 24/7/365. If your Margin Balance falls below the applicable Maintenance Margin level, a “Liquidation Event” will be triggered. Upon a Liquidation Event, you acknowledge and agree that: 

(a) KuCoin will automatically assume control of your positions. We may fully or partially liquidate your positions (utilizing a tiered or laddered liquidation approach, where applicable), cancel all open orders, and close positions at the prevailing market price or the Bankruptcy Price. 

(b) KUCOIN IS UNDER NO OBLIGATION TO PROVIDE MARGIN CALLS, WARNINGS, OR PRIOR NOTICE BEFORE INITIATING A LIQUIDATION. The availability of any margin alert tools provided by KuCoin is for convenience only and does not waive your absolute responsibility to monitor your Futures Account. 

(c) You remain fully personally liable for any negative balance or deficit remaining in your Futures Account post-liquidation, including all associated fees and costs.

6.4 Funding Fees for Perpetual Contracts

(a) Unlike traditional delivery futures, Perpetual Contracts have no fixed expiration date. To ensure the Contract’s trading price remains aligned with the underlying spot Index Price, a “Funding Fee” mechanism is utilized. Funding Fees are exchanged directly on a peer-to-peer basis between Users holding long and short positions.

(b) You will be required to pay, or be entitled to receive, Funding Fees strictly based on your open positions at the designated intervals (the “Funding Times”). The Funding Rate determines which side of the market (longs or shorts) pays the other. You acknowledge that in extreme market conditions, Funding Fees may become significantly high, increasing the cost of maintaining a position or accelerating the risk of Liquidation.

(c) You hereby grant KuCoin an irrevocable authorization to automatically deduct from, or credit to, your Margin Balance any applicable Funding Fees at each Funding Time. You acknowledge that such deductions may occur without prior notice and may result in your account reaching a Liquidation Event if your Margin Balance is insufficient to cover the payment.

 

7. FEES AND SETTLEMENT

7.1 Trading Fees and Charges

You agree to promptly pay all trading fees, delivery fees, commissions, interest, and other charges incurred in connection with your use of the Futures Services as set forth in our fee schedule. KuCoin reserves the absolute right to unilaterally modify fee rates, introduce new charges, or adjust volume-based discount tiers at any time. All fee changes are effective immediately upon publication on the Platform or notification to you. 

Fees and charges are applied at both the entry into and close-out of a Transaction. Any amount due to KuCoin constitutes an immediate debt owing and payable.

7.2 Settlement and Delivery

(a) Unless explicitly stated otherwise in the specific Contract Specifications, all Futures Contracts traded on the Platform are purely cash-settled in the designated stablecoin margin asset (e.g., USDT or USDC) or the relevant underlying Digital Asset for Coin-M Contracts.

(b) You acknowledge and agree that KuCoin does not support, facilitate, or permit the physical delivery of the underlying digital assets or traditional financial instruments for any Futures Contracts. 

7.3 Interest, Taxes, and Gross-Up

(a) KuCoin reserves the absolute right to charge interest on any outstanding negative balances, debts, or other amounts owed by you to KuCoin. Such interest shall be calculated at a rate determined by KuCoin in its sole and absolute discretion and may be compounded daily or as otherwise stipulated by the Platform.

(b) You bear sole responsibility for identifying, reporting, and paying all taxes, duties, levies, or other assessments (including any value-added, sales, use, or withholding taxes) imposed by any governmental authority in connection with your trading activities and use of the Futures Services.

(c) Notwithstanding the above, KuCoin reserves the right to deduct or withhold any amounts from your account that it determines are required to be withheld for tax compliance purposes under the laws of any relevant jurisdiction.

7.4 Conversion and Right of Set-Off

(a) If KuCoin is unable to effectuate a payment or recover a debt in the specific digital assets in which the liability was incurred, KuCoin may, in its discretion, execute a currency conversion using an equivalent amount of another digital asset held in your other account at the prevailing exchange rate determined by KuCoin. 

(b) Without prejudice to any other rights under these Futures Terms or applicable laws and regulations, KuCoin retains a comprehensive right of set-off. KuCoin may unilaterally deduct, set off, or consolidate any amounts owed by you to KuCoin (whether related to the Futures Services, Spot Market, Margin Trading, or otherwise) against any balances or digital assets held in any of your accounts or sub-accounts on the Platform. 

(c) You expressly agree that you shall not be entitled to exercise any right of set-off or counterclaim against amounts due to KuCoin.

 

8. REPRESENTATIONS, WARRANTIES AND COVENANTS 

8.1 By accessing the Futures Services, maintaining a Futures Account, placing any Order, or entering into any Transaction, you represent, warrant, and covenant to KuCoin—and you are deemed to repeat these representations on a continuous basis each time you use the Platform—that:

(a) You possess the requisite legal capacity, mental competency, and (if acting on behalf of a corporate entity) full corporate power and authority to enter into these Futures Terms, maintain a Futures Account, open a position (with or without Margin), and execute transactions. You have obtained and remain in compliance with all necessary regulatory authorizations, licenses, and consents required under applicable laws and regulations to engage in these activities. 

(b) You do not reside in, nor are you incorporated or domiciled in, any jurisdictions or regions where futures and derivative trading is prohibited or restricted by applicable laws and regulations. Furthermore, you are not an employee, agent, or principal of any governmental agency, regulatory authority, self-regulatory organization, or competing digital asset exchange where such affiliation would restrict or prohibit your use of the platform. 

(c) Your decision to utilize the Futures Services and enter into any transaction is the result of your own independent judgment. You are not relying on any communication, publication, or statement (whether written or oral) from KuCoin as financial, investment, legal, tax, or accounting advice. KuCoin acts solely as an execution venue, does not act as your broker, advisor, or fiduciary, and makes no guarantee regarding the expected profitability or outcome of any transaction. 

(d) Unless explicitly disclosed to and approved by KuCoin in writing, you are the sole ultimate beneficial owner of the assets in your Futures Account. No other person or entity has any interest in your account. 

(e) You shall not grant, create, or permit any security interest, lien, pledge, charge, or other encumbrance over your Futures Account or any digital assets held therein as Margin, except for those rights and interests granted to KuCoin under these Futures Terms. 

(f) You will not utilize the Platform to engage in any activity that disrupts market integrity or violates any applicable laws and regulations. This includes, without limitation, engaging in market manipulation, spoofing, wash trading, front-running, cornering (or attempting to corner) a market, or knowingly exploiting system vulnerabilities. You shall not act in any manner that could bring KuCoin into disrepute or impair the proper functioning of the Platform. 

(g) You acknowledge that KuCoin is under no duty to inquire into the commercial rationale, purpose, or propriety of any Order you submit. KuCoin retains the absolute discretion to accept, reject, or cancel any Order without providing a reason. 

(h) All information, documentation, and data provided by you to KuCoin (including KYC/KYB/AML documentation) are true, accurate, complete, and not misleading. You undertake to promptly notify KuCoin of any material changes to your status or the information provided.

 

9. RISKS DISCLOSURES, INDEMNIFICATION, AND LIMITATION OF LIABILITY

9.1 Assumption of Risk and Disclaimer 

You expressly acknowledge, fully understand, and unconditionally accept that trading in Futures Contracts is highly speculative, extremely risky, and not suitable for all investors. By utilizing the Futures Services, you accept the following risks:

(a) The use of leverage amplifies both potential profits and potential losses. A minor adverse price movement in the market can result in the rapid and total loss of your entire Margin Balance. You remain solely responsible for all losses incurred, even if such losses exceed your initial deposit.

(b) Digital asset markets operate 24/7/365 and are subject to rapid, unpredictable, and severe price fluctuations. During periods of extreme volatility or low liquidity, KuCoin may be unable to execute Orders at your desired price, and “slippage” or market gaps may occur.

(c) Access to the Futures Services may be subject to system failures, network latency, API interruptions, or malicious cyber-attacks (e.g., DDoS attacks). KuCoin is not liable for delayed order execution, missed trading opportunities, or liquidations resulting from such technological anomalies.

(d) Trading Futures Contracts does not confer upon you any ownership interest, voting rights, dividend rights or rights to yields, airdrops, forks, or distributions associated with the underlying assets.

(e) The regulatory status of digital assets and derivatives is unsettled in many jurisdictions. Changes in applicable laws or regulatory enforcement actions may result in the sudden suspension, restriction, or termination of the Futures Services in your jurisdiction. 

YOU ARE WILLING AND ABLE TO ASSUME ALL FINANCIAL, REGULATORY, AND OPERATIONAL RISKS ASSOCIATED WITH THE FUTURES SERVICES. KUCOIN SHALL NOT BE HELD RESPONSIBLE OR LIABLE FOR ANY TRADING LOSSES, LIQUIDATIONS, OR OTHER HAZARDS INCURRED BY YOU UNDER ANY CIRCUMSTANCES.

9.2 Indemnity

You agree to fully indemnify, defend, and hold harmless KuCoin, its affiliates, and their respective officers, directors, employees, agents, representatives, and licensors (collectively, the “KuCoin Indemnified Parties”) from and against any and all claims, actions, proceedings, investigations, demands, suits, costs, expenses, and damages (including, without limitation, attorneys’ fees, regulatory fines, and court costs) arising out of or relating to:

(a) your access to or use of the Futures Services;

(b) any actual or alleged breach by you of these Futures Terms, the KuCoin’s Terms, or any applicable Trading Rules;

(c) your violation of any applicable law or the rights of any third party; or

(d) any trading activities, obligations, or liabilities incurred by you or occurring in connection with your Futures Account.

9.3 Exclusion of Consequential Damages

To the maximum extent permitted by applicable law, in no event shall any KuCoin Indemnified Parties be liable for any indirect, incidental, special, punitive, or consequential damages, including but not limited to loss of profits, loss of revenue, trading losses, loss of data, or damages for business interruption, arising out of or in any way connected with your use of or inability to use the Futures Services, whether based in contract, tort (including negligence), strict liability, or otherwise, even if KuCoin has been advised of the possibility of such damages.

9.4 Limitation of Liability

Without prejudice to the Terms of Use, and so long as KuCoin acts in good faith, KuCoin shall not be liable to you for any losses resulting from the default, insolvency, or actions/inactions of any third-party intermediary, liquidity provider, or network failure. KuCoin shall only be liable to you if a court of competent jurisdiction determines via a final, non-appealable judgment that KuCoin’s actions constituted fraud, gross negligence or willful misconduct.

In addition, you agree that in no event shall KuCoin’s total aggregate liability arising out of or relating to these Futures Terms or your use of the Futures Services exceed the total applicable trading fees actually paid by you to KuCoin in connection with the Futures Services during the twelve (12) months immediately preceding the event giving rise to the claim.

 

10. SUSPENSION, RESTRICTION AND TERMINATION

10.1 KuCoin reserves the right, in its sole and absolute discretion, to immediately suspend, restrict, or terminate your access to the Futures Services (in whole or in part) and/or freeze your Futures Account, without prior notice or liability to you, in the event that: 

(a) you breach or are suspected of breaching any provision of these Futures Terms, the KuCoin’s Terms, or applicable Trading Rules; 

(b) KuCoin suspects your account is involved in illegal activity, money laundering, market manipulation, or poses a security or fraud risk; 

(c) KuCoin is required to do so by applicable laws and regulations, court order, or the directive of any regulatory or government authority; or 

(d) KuCoin deems it necessary for general risk management, market protection, or platform liquidity purposes.

10.2 Upon the suspension or termination of your Futures Services, you must immediately close all open positions. If you fail to do so, KuCoin explicitly reserves the right to forcefully liquidate or close any open positions in your Futures Account at prevailing market prices. KuCoin shall not be liable for any losses incurred due to such forced liquidation. After the deduction of any outstanding liabilities, fees, or negative balances, any remaining assets will be transferred to your main user account, subject to any legal or regulatory holds.

 

11. THIRD-PARTY APPLICATIONS AND SERVICES 

11.1 The Platform may permit you to connect to or interface with third-party software, applications, trading bots, signal providers, or charting platforms via API or other means (collectively, “Third-Party Applications”). KuCoin does not endorse, guarantee, or assume any responsibility for the functionality, security, or accuracy of any Third-Party Applications.

11.2 Your use of Third-Party Applications is entirely at your own risk. You are solely responsible for safeguarding your API keys and account credentials. KuCoin shall not be liable for any losses, damages, liquidations, or unauthorized trades resulting from: (a) the failure, malfunction, or latency of any Third-Party Application; (b) security breaches, compromises, or leaks of your API keys originating from a Third-Party Application; or (c) the execution of trading strategies or signals provided by third parties.

 

12. GENERAL PROVISIONS

12.1 KuCoin reserves the right to modify, amend, or update these Futures Terms, the Trading Rules, or any incorporated policies at any time, in its sole discretion. KuCoin will provide notice of such changes by publicising the updated version on the Platform. Your continued access to or use of the Futures Services following the publication of the amended terms constitutes your binding acceptance of the changes.

12.2 KuCoin shall not be liable for any delay, failure to perform, or interruption of the Futures Services resulting directly or indirectly from any cause or condition beyond its reasonable control, particularly the Force Majeure Events.

12.3 These Futures Terms shall be governed by, construed, and enforced in accordance with the governing law specified in the Terms of Use. Any disputes, claims, or controversies arising out of or relating to these Futures Terms or the Futures Services shall be resolved exclusively in accordance with the binding dispute resolution and arbitration provisions set forth in the Terms of Use.

12.4 These Futures Terms may be translated into languages other than English. Any such translation is provided solely for your convenience. In the event of any conflict, ambiguity, discrepancy, or omission between the English version and any translated version, the English text shall conclusively prevail and govern.

12.5 If any provision of these Futures Terms is determined by a court or arbitrator of competent jurisdiction to be invalid, illegal, or unenforceable, such provision shall be deemed severed from these Futures Terms. The invalidity or unenforceability of such provision shall not affect the validity or enforceability of the remaining provisions, which shall remain in full force and effect. The severed provision shall be interpreted or modified by KuCoin to the extent strictly necessary to make it enforceable and valid while preserving KuCoin’s original commercial intent.