Dear KuCoin Users,
To reward our users for providing strong support for KuCoin Margin Trading, the “Borrow with Zero Interest for Leverage on KuCoin Margin Trading” activity will be adjusted as follows:
Effective Period: From 18:00 on January 20, 2020 to 18:00 on January 23, 2020 (UTC+8)
Activity Rules: Users who borrow any crypto (excluding USDT) on the Margin trading platform can enjoy a daily interest rate of 0.
How to Participate: KuCoin will lend all available cryptos (excluding USDT) at 0 interest rate in the 28-day term funding market. Users who borrow cryptos from the KuCoin official account will enjoy a daily interest rate of 0.
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