Make Your First Margin Trade and Get a New Year’s Gift!

12/31/2019, 18:00:00

Dear KuCoin Users,

As we welcome the New Year, KuCoin will launch a margin trading fee refund activity for first-time margin traders from 00:00:00 on January 1, 2020 to 23:59:59 on January 20, 2020 (UTC + 8).

Participation Eligibility:

  1. During the activity period, we will take a random snapshot of each user’s KCS balance each day. In order to participate in this activity, users must hold the 20-day average holdings position of 50 KCS or more.
  2. Users who have not borrowed any leverage yet.

Activity Rules:

During the activity period, eligible users who borrow any amount of leverage for the first time will enjoy a margin trading fee refund for 3 days after initiating their first margin trade as a New Year’s gift from KuCoin.

Example: User A will enjoy the margin trading fee refund of 2020/01/01 15:00:00 - 2020/01/04 15:00:00 when he trades on 2020/01/01 15:00:00

*Margin Trade

Note:

  • Margin trading requires trading fee. The refund of the trading fees will be distributed within 3 days of the activity ending.
  • The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc. the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and are not forced, interfered with, or influenced by KuCoin in anyway.
  • 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 activity.