KuCoin Futures Will Adjust the Max Leverage and Risk Limit of Partial USDT-Margined Perpetual Contracts

KuCoin Futures Will Adjust the Max Leverage and Risk Limit of Partial USDT-Margined Perpetual Contracts

06/16/2023, 04:58:49

Dear KuCoin Futures Users,

KuCoin Futures is going to adjust the maximum leverage and risk limit of  some perpetual contracts. More details about Risk Limit can be found in the Risk Limit .

The following USDT-margined perpetual contracts will be adjusted the max leverage, risk limit, risk levels or combined at 11:00 (UTC+8) on June 19 2023.

Symbol beforeafter
Maximum
Leverage
Maximum Risk Limit
in USDT
Maximum
Leverage
Maximum Risk Limit
in USDT
YFIUSDTM20 500,000 50 500,000
XMRUSDTM20 500,000 50 500,000
RSRUSDTM20 300,000 50 500,000
ONTUSDTM20 300,000 50 500,000
MKRUSDTM20 300,000 50 500,000
LRCUSDTM20 500,000 50 500,000
ENJUSDTM20 300,000 50 500,000
CKBUSDTM30 80,000 50 500,000
AUDIOUSDTM20 500,000 50 500,000
AGLDUSDTM20 300,000 50 500,000
ZECUSDTM20 500,000 30 500,000
XTZUSDTM20 500,000 30 500,000
UNFIUSDTM20 200,000 30 500,000
STORJUSDTM20 200,000 30 500,000
STGUSDTM20 80,000 30 500,000
SSVUSDTM20 80,000 30 500,000
RVNUSDTM20 300,000 30 500,000
RUNEUSDTM20 500,000 30 500,000
REEFUSDTM20 80,000 30 500,000
QTUMUSDTM20 300,000 30 500,000
PEOPLEUSDTM20 300,000 30 500,000
MINAUSDTM20 80,000 30 500,000
LITUSDTM20 200,000 30 500,000
KSMUSDTM20 500,000 30 500,000
KDAUSDTM20 300,000 30 500,000
JSTUSDTM20 80,000 30 500,000
IOTXUSDTM20 300,000 30 500,000
HOOKUSDTM20 80,000 30 500,000
FXSUSDTM20 80,000 30 500,000
FLOWUSDTM20 300,000 30 500,000
DUSKUSDTM20 200,000 30 500,000
DASHUSDTM20 300,000 30 500,000
COMPUSDTM20 300,000 30 500,000
CHRUSDTM20 300,000 30 500,000
ALICEUSDTM20 500,000 30 500,000

Notice:

1. Please log in and refer to the updated Risk Limit Level to place an order.

2. The liquidation of the existing positions of this contract is based on the current risk limit level. New positions opened after the scheduled upgrade will be executed based on the new risk limit level.

3. Users can adjust the risk limit level by themselves. To avoid liquidation, the system will automatically cancel all the open orders of users and replenish the margin to the account during the upgrade. By that time, the liquidation price will also change according to the changes in the maintenance margin rate.

Risk Warning: Trading contracts is a high market risk activity that can result in large gains while also causing you to incur large losses. Past gains are not indicative of future returns. Severe price fluctuations may result in the forced liquidation of your entire margin balance. The information provided here should not be construed as financial or investment advice from KuCoin. All trading strategies are at your own discretion and risk. KuCoin is not responsible for any losses that you may incur as a result of using the contracts.



This activity is not related to Apple Inc.

Thank you for your support!

The KuCoin Team

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