Announcement: Regarding the Maintenance of Margin Trading on August 31
08/23/2023, 18:01:47
Dear KuCoin Users,
To provide better Margin Trading services for our valued users, KuCoin Margin will undergo maintenance for approximately 50 minutes. Starting from 07:00 to 07:50 on August 31,2023 (UTC).
During this period, the related functions including placing Margin Trading orders, lending, borrowing, and repayment may result in short-term error reports. In terms, users are still able to trade without function suspend.
* APIs and Margin Trading Bots will also be affected.
Please control the debt ratio well in advance to avoid the risk of liquidation caused by the high debt ratio during the period. You can reduce the debt ratio by transferring funds to your Margin Account or place stop loss orders to avoid risks.
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.
We apologize for any inconvenience this may cause.
Thank you for your understanding and support!
The KuCoin Team
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