The Margin Trading Service Is Now Available!

2019/11/01 00:48:27Promotions

Dear KuCoin Users,

We are excited to announce the release of our Margin Trading Service. Via the Margin Trading service, traders will be able to use funds provided by other users on KuCoin to gain access to larger sums of capital, allowing them to leverage positions. Margin trading is made possible on KuCoin by the traders that are providing the funds and are earning interest based on the market demand for these margin funds.

When a trader initiates a margin trade they are required to commit only a percentage of the total order value, which is what gives these traders access to greater funds to trade with. Their initial investment is known as the margin, and resembles the concept of leverage. This trading method can be used for both long and short positions. Using “borrowed” funds can increase profit, but on the flip side can also result in larger losses than the initial investment made. Traders must be aware of this.

Maximum Leverage: 10x leverage

Supported Coins and Trading Pairs:

BTCBTC/USDT

ETHETH/BTCETH/USDT
LTCLTC/BTCLTC/USDTLTC/ETH
EOSEOS/BTCEOS/USDTEOS/ETH
XRPXRP/BTCXRP/USDTXRP/ETH

*Users will be able to enjoy a 20% discount in KCS when using it to pay the transaction fees generated in margin trading.

We sincerely apologize for the services suspended during the deployment process. We are very grateful for your patience and are pleased to share that we have now fully launched the new platform.

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.

KuCoin reserves all rights to the final interpretation of this announcement.

The KuCoin Team