Convert Plus

1. What is Convert Plus?
Convert Plus is a structured product that helps protect your trades when you buy or sell cryptocurrencies. If you wish to buy coins but are worried about a potential price drop after, Convert Plus lets you gain more coins if the price falls. Conversely, if you wish to sell but are worried about prices rising after, Convert Plus lets you gain more USDT if prices go up.

2. How does settlement for Convert Plus work?
Buying Coins
When a product reaches maturity within the price range, the lower the settlement price, the more underlying currency you'll receive.

Selling Coins
When a product reaches maturity within the price range, the higher the settlement price, the more USDT you'll receive.

3. How to Subscribe
Method 1. Go to KuCoin Earn, select Structured Products, and choose Convert Plus. From there, select your target currency and currency you wish to subscribe in, your desired APR and related parameters. Finally select Subscribe to proceed and confirm your purchase.

Method 2: Go to KuCoin Earn, then select Convert Plus from the products tab.

4. Where can I view my subscribed Convert Plus products?
Web:
Access the Financial Account through the top navigation bar to view the products you’ve subscribed to. Under Details, you’ll be able to check the status of any purchased products.

App:
Access your Financial Account through the Account icon at the bottom of the app, and tap to view the products you’ve subscribed to. Select the subscribed products to check their statuses.

5. Where can I see the settlement amounts of my Convert Plus products?
Web:
Access your Financial Account from the top navigation bar, select Account Details, filter by product type, and look for your Convert Plus transaction details.

App:
Access your Financial Account from the Account icon at the bottom of the app, select Account Details in the top right, and look for your Convert Plus transaction details.