KuCoin Isolated Margin Decreases the Maximum Leverage for Some Specific Trading Pairs

2022/08/02 09:28:10Thông báo

Dear KuCoin Users,

In order to reduce users' asset risk in Isolated Margin and provide a better trading service, KuCoin will adjust the maximum leverages available for some specific trading pairs in KuCoin Isolated Margin at 10:00 on August 03, 2022 (UTC).

Specific adjustment details are as follows:

Trading Pairs Maximum Leverage
Available Before
Maximum Leverage
Available After
RLC-USDT 10x 5x
NKN-USDT 10x 5x
SKL-USDT 10x 5x
VELO-USDT 10x 5x
ANKR-USDT 10x 5x
TRU-USDT 10x 5x
QI-USDT 10x 5x
MTL-USDT 10x 5x
ORN-USDT 10x 5x
REQ-USDT 10x 5x
LPT-USDT 10x 5x
ANT-USDT 10x 5x
NYM-USDT 10x 5x
MXC-USDT 10x 5x
SOS-USDT 10x 5x
DAO-USDT 10x 5x
FITFI-USDT 10x 5x
ALPHA-USDT 10x 3x
POWR-USDT 10x 3x
C98-USDT 10x 3x
CLV-USDT 10x 3x
OP-USDC 10x 3x

Tips:

1. Users' existing positions will not be affected by this adjustment.

2. The Initial Debt Ratio before was 90% (10x), then will decrease to 80% for 5x and 66.67% for 3x.

3. The adjustment will be updated on the KuCoin app simultaneously. It’s recommended to update your app to the latest version to enjoy a better trading experience in KuCoin Margin.

4. The liquidation line (97%) will remain unchanged.


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.

We apologize for any inconvenience caused and appreciate your patience.

Thanks for your support!
The KuCoin Team

Download KuCoin App >>>
Join us on Margin Trading Telegram >>>