Merry Christmas! Borrow with Zero Interest for Leverage on KuCoin Margin Trading
Dear KuCoin Users,
Due to the popularity of the low-interest leveraging activity, KuCoin will launch a zero interest borrowing activity from December 25 to December 29, 2019 (UTC+8).
From December 25 to December 29, 2019 (UTC+8), KuCoin's official margin trading account will lend 100,000 USDT and 8 BTC at 10:00 and 22:00 (UTC+8) every day in the 28-day term USDT and BTC funding markets. Users who borrow USDT and BTC from the KuCoin official account will enjoy a daily interest rate of 0. A total of 1,000,000 USDT and 80 BTC will be lent during the activity.
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