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i. Trading Fees: Charged when buying/selling the leveraged tokens on the spot market. The fee level is the same as that of spot trading.

ii. Subscription Fee: Charged when subscribing to a leveraged token. The fee is currently {feeRate}% of each subscription.

iii. Redemption Fee: Charged when redeeming a leveraged token. The fee is currently {feeRate}% of each redemption.

iv. Management Fee: Charged at 07:45 (UTC+8) each day at a rate of {managementFees}%. The fee is incorporated into the net asset value of the leveraged tokens and will not affect your holdings. As management fees are charged automatically on a daily basis, traders should be cautious of holding leveraged tokens in the long term.

i. Compared with the spot market, the market of leveraged tokens has higher risks and uncertainties. Holding leveraged tokens may result in numerous intraday gains and losses.

ii. The rebalancing mechanism and management fees mean that the longer you hold a leveraged token, the more fees you need to pay. Traders should be cautious of holding leveraged tokens in the long term.

You can trade the leveraged tokens in the {brandName} spot market. Go to the page of leveraged tokens and search for your preferred ones, click “Trade” to buy or sell.

i. The {brandName} Spot market (recommended)

{brandName} processes subscription and redemption requests at {unifiedSubmissionTimePoints} each day. Prices of subscription/redemption are determined by the results of execution, meaning there are uncertainties over the time and price. Traders should be cautious when investing.

ii. Subscription/Redemption

{code} is a leveraged token that goes {multiple}x long the {originalCurrency} via futures trading. By means of leverage and the rebalancing of the asset base, when the {originalCurrency} price goes up 1%, the net asset value of {code} will rise by {multiple}%.

{code} is a leveraged token that goes {multiple}x short the {originalCurrency} via futures trading. By means of leverage and the rebalancing of the asset base, when the {originalCurrency} price drops 1%, the net asset value of {code} will rise by {multiple}%.

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Your trading password is very important. When enabled, it’s used to verify all your transactions on KuCoin, including spot, futures, and margin trading, as well as withdrawals and API-related actions. Remember or write down your trading password securely. Here, we’ll help you on how to set, change, and reset your trading password.
<h2 id="h_01HTEY8NKKSWKK8MBEANWQB0GT">Content <a href="#h_f239a84f-b436-4618-99ec-027e140e14c1" target="_self">1. Setting Up Your Trading Password</a> <a href="#h_5fcc7336-e13b-42eb-9aac-077074d727bd" target="_self">2. Changing Your Trading Password</a> <a href="#h_8dac7bbd-2aaa-4deb-bd5f-9fa7efe6bbc4" target="_self">3. Resetting your Trading Password </a></h2>
 
<h2 id="h_f239a84f-b436-4618-99ec-027e140e14c1">1. Setting Up Your Trading Password</h2>
i. In Security Settings , look for Trading Password. Select Configure next to it. ii. Complete the security test by verifing your passkey (if you bind) or sending and entering your Google 2FA, text message, or email verification code. iii. Hit Submit.
Note: • The password must be 6-digits with no letters or symbols. • Remember and keep your password safe, as it can only be recovered via two-factor authentication. • KuCoin support will never ask for your trading password on any communication channels. Do not share your trading password with anyone.
<img src="https://assets.staticimg.com/cms/media/vz2vChjTEeQPBpvfGguJ2KyWjVSa9H5moJgZnYxcq.png" width="1711" height="552" alt="">
 <img src="https://assets.staticimg.com/cms/media/qQYKYnhAizjyksa99oWMMvLQ2sjQKds6CXpqLFXSP.png" width="1385" height="459" alt="">
<h2 id="h_5fcc7336-e13b-42eb-9aac-077074d727bd" class="wysiwyg-text-align-left">2. Changing Your Trading Password</h2>
i. In Security Settings, hit the Change button next to Trading Password and confirm change trading password. ii. Enter your current password and the new password, then click Change.
Note: • Withdrawals, selling crypto via P2P, and sending Red Packets are disabled for 24 hours after changing your trading password to protect your assets. • Once changed, your trading password is effective immediately.
 <img src="https://assets.staticimg.com/cms/media/QVhTGkQPKSKO4ighsgb3ITFzNsqHpNmiuvlocZUWe.png" width="1865" height="498" alt="">
<h2><img src="https://assets.staticimg.com/cms/media/vVr5WdZDP3LeMlCsRdsos93pnoAJt84MkAc5ujZGX.png" width="1350" height="505" alt=""></h2>
<h2 id="h_8dac7bbd-2aaa-4deb-bd5f-9fa7efe6bbc4">3. Resetting your Trading Password</h2>
Solution1:Resetting Trading password on account security page and help center page i. Locate Trading Password and hit change on account security page or select "Reset Authenticator Method" on the help center page. ii. Click "Verification method unavailable" on account security page while entering your email address or phone to confirm account (if you don't login) on the help center page iii. Choose"Trading Password" and confirm.Complete the Identity Verification process, following the instructions closely to request a manual password reset. Once you’ve appealed,your request will be processed in approximately 1–3 business days.
<img src="https://assets.staticimg.com/cms/media/9VpT5hw6nw2NGNDz36RA4eIM4OjydArcQRzjHqmwf.png" width="1613" height="586" alt="">
<img src="https://assets.staticimg.com/cms/media/8YWMD5IOG7qLIeR5BpXE5Sr9tFp9JkKH6cV8CbT8m.png" alt="" width="679" height="271"><img src="https://assets.staticimg.com/cms/media/fqfVIKFQT6r9WxlthosxM7tmhEjNJl40gbYo9Psz8.png" width="445" height="382" alt="">
<img src="https://assets.staticimg.com/cms/media/fDj7nPXP7CDMUYO8Cfv5OYiyxCcsVMh25YrT2EWhJ.png" width="1452" height="528" alt="">
<img src="https://assets.staticimg.com/cms/media/BYW1NLeMJ2Cf6CnVvXzW8JAUfLhpg5NqNSGHGLHiG.png" width="695" height="597" alt="">

Solution2:Resetting Trading password on login page i. Select "Forgot password" on the login page and confirm reset password. ii. Click "Verification method unavailable". iii. Choose"Trading password" and confirm.Complete the Identity Verification process, following the instructions closely to request a manual password reset. Once you’ve appealed,your request will be processed in approximately 1–3 business days.
<img src="https://assets.staticimg.com/cms/media/WIuUQw54Ud1GVdEbX6Fj0wriDxqmJrMS9oKcNmnj3.png" width="545" height="470" alt=""><img src="https://assets.staticimg.com/cms/media/Irj2DtLjDqXzrLmvw9Jzm9zsfz5DgFzOXZyNFy6Ep.png" width="606" height="477" alt="">
<img src="https://assets.staticimg.com/cms/media/2qUJVMXHUK2lO5eta1FmixN1uTPxNczU23ph9Jxu7.png" width="580" height="480" alt="">
Note: • When completing Identity Verification, upload the required photos and follow the instructions on the page closely, or your request may be rejected. • Withdrawals, selling crypto via P2P, and sending Red Packets are disabled for 24 hours after changing your trading password to protect your assets. • The password reset is effective immediately upon completion. Refresh or restart the page after receiving a confirmation email.

Trading Password