KuCoin Leveraged Tokens Are Now Live, Make More Profit Without The Risk of Liquidation!
04/20/2021, 22:08:25
Dear KuCoin Users,
In order to improve the user experience and provide users with more trading options, we are very glad to announce that KuCoin Leveraged Tokens are now live!
KuCoin Leveraged Tokens are tokens with the added benefit of leverage. Traders also amplify their investment returns with leverage by simply buying and selling leveraged tokens (it’s essentially the same as trading in the Spot Market) without paying any principal. Leveraged Tokens effectively increase profit and avoid liquidation risk through the mechanism of automatically adjusting leverage. Their features include no risk of liquidation, no need to pay margin, and automatic compound interest.
Currently, BTC3L/USDT, BTC3S/USDT, ETH3L/USDT, and ETH3S/USDT are available in the Leveraged Tokens trading area. More leveraged token trading pairs will be launched soon, so stay tuned!
Risk Warning：Leveraged Tokens investment (trade) is a risky one. Compared with derivatives and leveraged tokens issued and managed by other institutions, KuCoin Leveraged Tokens bears lower risks and costs, however, it does not mean that it has no risks. By trading KuCoin Leveraged Tokens or using related services of KuCoin Leverage Tokens, you are deemed to have fully understood the risks of KuCoin Leveraged Tokens and agreed to assume all responsibilities of all and related trading or non-trading behaviours involved in your KuCoin account. Please do not trade or invest any products that are beyond your financial abilities.
Regards,
The KuCoin Team
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