It's one of the few platforms where U.S. users can access a margin account for trading crypto, and it. Reddit and its partners use cookies and similar technologies to provide you with a better experience. So why use the margin account at all? KuCoin Futures adopts a sophisticated risk engine and liquidation model, you can find more details about the calculation of liquidation price in this tutorial. It's insane how terrible they are. Before starting, you may learn more about KuCoin Margin trading by the video below . Before starting margin trading on KuCoin, it is necessary to open the margin trading service and transfer crypto assets to the margin trading account to trade. They will have an amount of funds to trade many times larger than the amount of capital. #kucoin #futures #leveragetrading #daytrading https://twitter.com/MarkTheDGTWhat's up fellow GRINDERS? ADL (Auto-Deleveraging): When a position is taken over by the liquidation engine,the insurance fundwill be used to cover the extra cost of this liquidation process, i.e., if the position is closed at a worse price than the bankruptcy price. Step 3: Select Trade Margin Trading, then choose the trading pair you want. Repay loans 1.Transfer principal to your margin account Note: Any currency supported on Margin trade can be transferred. Below is a list of VIP tradings fees: The best places to hold your crypto; securely, anymously, easily. Click on the wallet icon, select Main Account. To be specific, when the floatingPNL(namely, the unrealized PNL) is positive, the system will lower the actual leverage. To open a Short position on Kucoin Futures, select Limit order. Note: A margin trade works exactly the same as a spot trade and they share the same market depth. Select the coin/token you want to trade at Coin section. Do not use 100% of your account for margin or leverage trading, you need a cushion to keep that position open when it goes against you, if that's your plan. Whats the benefits of using margin instead of futures? For instance, in the BTC. Users can transfer their assets via the transfer option on the Assets Overview page. At Amount section, select the amount you want to sell. Select the amount you want to trade at Amount section. Step 4: To open a Long position at the limit price on Kucoin Futures, select Limitorder. Choose between Cross Margin and Isolated Margin. Welcome to KuCoin Futures! At the Price section, select the price you want to sell. When user B bears losses, the unrealizedPnLwill benegative. What is margin? Kucoin margin trading fees are 0.02% for the maker and 0.03% for the taker, with a minimum fee of $1. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. When user A earns profit, the unrealized PNLwill be positive. New users should think twice before entering this risky financial trading form. If you think that the specific token will go down, at step 2, you can borrow that token then sell it short at a higher price, then buy it back at a low price to make a profit. 1. If you want to make Spot trades, please deposit tokens to your Trading account directly or transfer the relative assets to your Trading account from other accounts. The maximum leverage available on KuCoin futures is 100x, but users need to pass KYC first. Funding can be calculated through the funding rate. KuCoin Futures(KuCoin Mercantile Exchange) is an advanced cryptocurrency Trading Platform that offers various leveraged Futures that are bought and sold in Bitcoin and other cryptocurrencies. 4) Place your order. It also features an excellent interface for trading and multiple ways to earn money by futures, margin, and peer-to-peer trading. The Futures has no expiration date and is designed to closely track the underlying reference Price Index via the Funding Rate mechanism. All Rights Reserved. Rewards will be provided to users who inform us of the above. Main Account Part 2. Once you have enabled margin trading, there are 4 steps you must know to complete a margin trade: Note: Any currency supported on Margin trade can be transferred. It's basically margin but with less friction (steps to take before being able to trade). 2) Select "margin" from the trade type options. At Price section, select the price you want to sell. By default, the unrealised PNL will change with the mark price on KuCoin Futures. The higher the actual leverage is, the higher risk of liquidation would be and vice versa. While KuCoin Futures does have two kinds, Delivery and Perpetual. Stop loss: when the market price rises to the preset price, the system will close the open position Select the desired leverage level on the crossbar. However, in some cases it is also influenced by external factors (crowd psychology, economic policy, macro situation). Part 1. comments . The above article is Kucoin Futures and Kucoin Margin Trading Guide. Futures contracts are standardized agreements to buy or sell an asset at a later date at a specified price, while margin trading allows traders to borrow money from a broker to buy or sell an asset. Margin trade (Buy long/Sell short) 4. Maintenance Margin is the minimum amount of funds you must hold to keep a position open. Margin can be a double-edged sword, meaning gains are amplified but so too are. Please click here to go back to the Assets Overview page. I'll be discussing leverage, borrowed margin, liquidation points, stop losses, take profits, and much more. All Rights Reserved. Futures trading is a 100x magnifier of your profits! However, when the floating PNL (namely, the unrealized PNL) is negative, the system will raise the actual leverage. Different from the spot market, you trade financial Futures with others at KuCoin Futures instead. No borrowing funds and repaying. Once liquidation happens, it will not affect other isolated positions. When the borrower's debt is about to expire, the system will automatically borrow the same amount of the corresponding debt assets (which equals the remaining mature debts principal and interest) to continue the debt if there are insufficient corresponding assets in the borrower's account. he decrease of PNL, the margin pool will also reduce, which means the denominator of the formula becomes smaller, and thus the leverage increases. When placing a 10x position what would be cheaper to keep for a long hold due to fees. Assets in cross margin account are shared by all positions; Margin level is calculated according to total asset value and debt in the Cross Margin Account. These pairs can include top cryptocurrencies, and unlike futures, margin trading occurs directly on the spot exchange. Short coins are available on KuCoin for a fee of sixty to ninety dollars. Three is a level of risk with margin and futures trading hence a lot of decision and management needs to be considered . What Is Crypto Margin Trading on KuCoin? Future vs Margin - Fee comparison . Go, The deduction coupon can be used to deduct, utures trading fees of random amount. Please click, . Compare Margin and Future. Kucoin Margin, known as margin trading on Kucoin exchange, is a form of using financial leverage through borrowing more funds from the exchange to increase the investment capital. Learn more details about the Index price. Funding is charged peer to peer between traders. I stopped using the margin account as soon as I got comfortable with Futures trading. Futures. in the name of 'your safety' doing this seems very unsafe for the user. . As mentioned, KuCoin has some of the lowest trading fees, even among top exchanges. KYC users in restricted countries and regions cannot open Futures trading; Users with IP addresses in restricted countries and regions cannot open Futures trading; Users in our blacklist cannot open Futures trading. The max leverage for Margin is 10x and futures is 100x for Bitcoin and Eth, 20x for all other coins I believe. and our Futures Account Part 5. Step 1: After successfully logging into your Kucoin account. Reward amounts will be determined based on the type and relevance of the information provided. The information is updated on a monthly basis. Twitter icon Reward amounts will be determined based on the type and relevance of the information provided. B. The assets in the Margin account are mainly used for Margin borrowing and Margin trading. I won't feel sorry for anyone getting liquidated by margin trading on KuCoin after these past weeks of "temporary downtime upgrades". For more information, please see our You can make a great profit or you quickly lose all your assets. This is Kucoins trading platform for investors who want to bet on the future of an asset. KuCoin Academy Lesson 15|How to Reduce the Risk of Margin Trading and Futures Trading | by KuCoin Academy | kucoinexchange | Medium Write Sign up Sign In 500 Apologies, but something went. It is recommended that newbies control the leverage within 5x and set the Take Profit and Stop Loss on your position. Margin trading on Kucoin allows users to trade with leverage of up to 5x. Step 2: Transfer funds to your Futures wallet to start trading futures contracts. Margin is a double-edged sword. Step 5: To cancel the order just placed, choose Open Order and click Cancel. What is margin? Margin Trading. Kucoin Futures and Kucoin Margin Trading Guide, A complete guide to sign up for Binance account for newbies (20% Lifetime Trading Fees discount). I wish I had opened my Kucoin futures account over a good meal because I like to get wined and dined before I get fucked. You make a profit by placing orders and predicting the rise or fall of the price of a contract representing a cryptocurrency over a certain period of time. Tonight I'm going to go over all the similarities and. Repay all the borrowed USDT as well as the interest. Initially, KuCoin launched what was known as KuMEX. In Amount section, select the amount you want to buy. Kucoin Cross Margin is a mechanism that allows using all funds in futures/margin accounts for the purpose of keeping your assets from being liquidated. 2. We have gathered some of the best merchants that accept crypto in one place. Try now to leverage more profits with less funds! Please click, Main & Trading & Margin & Futures & Financial Account, Recommended videos for new users from Youtube. You may click here to start Spot trading. This feature has been officially launched already, and you can visit the Trading Bot on the KuCoin App to find it. Stop loss: when the market price drops to the price you want to stop loss, the system will automatically sell immediately. Your personal information will be kept confidential. Isolated Margin Vs Futures Kucoin. 10x to 90x faster lol. Lets go and see the functions of each account. The safest way to trade is futures, it seems to be the only trade on KuCoin that you can use a Stop Loss and Take Profit. I stopped using the margin account as soon as I got comfortable with Futures trading. Realised PNLis not affected. When the market price matches with the selected price, the system will automatically execute the sell order. If there is no funds left to deposit, the system will help you liquidate the position and you will burn your account. For more details, please checkKuCoin Futures Trial Fund. Transfer principal to your margin account 2. Learn how to Short Trade Bitcoin and any other cryptocurrency on Kucoin Exchange. Risk Warning: Please pay attention to the risk control of Futures trading. Auto-Deposit MarginWhen Auto-Deposit Margin mode is enabled, funds in the Available Balance will be added to the existing position whenever liquidation happens, trying to prevent the position from being liquidated. Once liquidation happens, all positions will be liquidated. As shown below: Enable Futures tradingnow to claim the bonus! We highly recommend newbies to control the leverage within 5x. Scan the QR code to login KuCoin, From now on, you can market ticker in real time.