Also, you may click deposit or withdrawal to learn more. If you want to withdraw or make P2P trades, please keep your assets in your Main account. you canonlyoperateineach tradingpairindependently. Future vs Margin - Fee comparison . Main & Trading & Margin & Futures & Financial Account In order to provide a more professional and better environment for our valued users, KuCoin offers five types of accounts. Press J to jump to the feed. How Margin Trading differs from Futures Trading. Therefore, you need have a good knowledge of cryptocurrency market to make long-term profits. Margin Account Part 4. Margin trading on Kucoin allows users to trade with leverage of up to 5x. The system will execute the auto-renew procedure. Once liquidation happens, all positions will be liquidated. Select the trade amount at Amount section. It is a reference PNL of a position. 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. Floating leverage = Position value / Margin pool, A. The larger the absolute value of the funding rate, the larger the difference between the two prices. Futures trading is a 100x magnifier of your profits! Only specific cryptocurrencies can be transferred in, held, and borrowed in a specific Isolated Margin Account. For instance, in the BTC. This is called Call Margin. The maximum leverage available on KuCoin futures is 100x, but users need to pass KYC first. in the name of 'your safety' doing this seems very unsafe for the user. If the leverage is high, please pay attention to the position risk. 1.Unrealised PNL is also called floating PNL, which is the profit and loss of your current positions calculated based on the price gap between the average entry price and the mark price. What is Futures? 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. You may deposit or transfer assets to your Futures account to start, You may deposit or transfer assets to your, account to stake assets or participate in soft staking. Step 2: To start Margin trading, you must transfer funds to Margin wallet. A Futures in KuCoin Futures is an agreement to buy or sell a particular crypto asset at a predetermined price and a specified time in the future. RSI Guy Banky 830 subscribers Subscribe 141 Share 17K views 1 year ago In this video, I explained briefly how to trade. When placing a 10x position what would be cheaper to keep for a long hold due to fees. Instead of fiat currencies or other cryptocurrencies, KuCoin Futures handles Bitcoin/ETH only, and all the profit and loss are in Bitcoin/ETH/USDT. These pairs can include top cryptocurrencies, and unlike futures, margin trading occurs directly on the spot exchange. Well there you have it. Welcome to KuCoin Futures! Please click, . USDT Isolated Margin Account, only BTC and USDT are accessible. When user A earns profit, the unrealized PNL, ecome greater as well, which means the denominator of the formula becomes large, B. Margin Trade refers to a trade mode in which users borrow a certain amount of digital tokens by pledging digital tokens in KuCoin to make a long (buy) / short (sell) operation. 1. 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. 4) Place your order. Select a coin contract you want to trade. Facebook Note that the higher the leverage, the higher the probability of increasing profits, but the risk is also very high. 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. A-Book means the platform doesn't provide liquidity, so they make the same amount whether you win or lose trades. To timely show the position PNL, the leverage being displayed is the actual leverage which will be affected by the floating PNL of the position. Initially, KuCoin launched what was known as KuMEX. Once liquidation happens, it will not affect other isolated positions. For newbies: Debt Ratio is the Key to Affect Your Profit or Loss, 1. Margin Trading: It refers to a trade mode in which users borrow a certain amount of digital tokens by pledging digital tokens in KuCoin to make a long (buy) / short . Only specific cryptocurrencies can be transferred in, held, and borrowed in a specific Isolated Margin Account. Margin trade (Buy long/Sell short) 4. Yes, users can use margin trading, futures or leveraged tokens, which allows them to use leverage. Only after the position is closed will the position's profit/loss be settled and reflected in the balance. It's insane how terrible they are. >>> Related: What is Futures? All the trading products on KuCoin Futures are Futures of cryptocurrency. Privacy Policy. (Don't get REKT)! Maintenance Margin is the minimum amount of funds you must hold to keep a position open. As mentioned, KuCoin has some of the lowest trading fees, even among top exchanges. SatsIncome.om 11.4K subscribers 72K views 1 year ago FREE Webclass FREE Webclass The SIMPLE Method I Used to turn $4,944 into. Margin Trading. Must-Read 01: How to Trade Futures on the KuCoin App, Only 10 Minutes - Enable Futures Account & Trade (APP), Only 10 Minutes - Enable Futures Account & Trade (Web_Lite). Kucoin Futures and Kucoin Margin Trading Guide, A complete guide to sign up for Binance account for newbies (20% Lifetime Trading Fees discount). In this article, Ecoinomic.io will guide you to trade Margin and Futures on Kucoin. 2) Select "margin" from the trade type options. Financial Account Part 1. Lets go and see the functions of each account. Open a sell position by placing an Limit order. HOW TO USE ISOLATED AND CROSS MARGIN ON KUCOIN. he decrease of PNL, the margin pool will also reduce, which means the denominator of the formula becomes smaller, and thus the leverage increases. Transfer principal to your margin account 2. actual leverage of the position can be regarded a. barometer of the position risk. While KuCoin Futures does have two kinds, Delivery and Perpetual. 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. At the Price section, select the price you want to sell. KuCoin Futures will airdrop bonus to all users! 400 million Twitter user data for sale on the black market? For more details, please checkKuCoin Futures Trial Fund. If your margin account does not have enough USDT to repay, you may sell other tokens to USDT, and then click the Repay button to repay. Margin: The margin is used in opening a position or maintaining your current position, which is formed by Initial Margin and Maintenance Margin . So why use the margin account at all? You can make a great profit or you quickly lose all your assets. Itonly affects the liquidation price and unrealised PNL. Your personal information will be kept confidential. KuCoin says you can earn 8% to 12% on average. Futures Trading. 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. Also, users can do that on each account page. Rewards will be provided to users who inform us of the above. All Rights Reserved. At Price section, select the price you want to buy. We highly recommend newbies to control the leverage within 5x. It also features an excellent interface for trading and multiple ways to earn money by futures, margin, and peer-to-peer trading. Reward amounts will be determined based on the type and relevance of the information provided. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Your personal information will be kept confidential. Futures trading has a lot better UI, PNL is included. CopyRight 2017 - 2023 KuCoin.com. All Rights Reserved. Below is a list of VIP tradings fees: Your personal information will be kept confidential. When you lose assets and fall below the maintenance margin, you will only lose the amount that you used to open the previous order without affecting the total balance on the wallet. Margin: The margin is used in opening a position or maintaining your current position, which is formed byInitial Margin andMaintenance Margin. What Is Crypto Margin Trading on KuCoin? For more details, please check, Tap into Futures---> Deduction Coupon in, Frequently Asked Questions About KuCoin Futures (Part 1), Frequently Asked Questions About KuCoin Futures (Part 2), Frequently Asked Questions About KuCoin Futures (Part 3), Frequently Asked Questions About KuCoin Futures (Part 4). CopyRight 2017 - 2023 KuCoin.com. Changes in prices will be often affected by supply and demand. comments . Despite their huge profit, they are also extremely risky, especially for inexperienced traders. No borrowing funds and repaying. Scan the QR code to login KuCoin, From now on, you can market ticker in real time. Go to kucoin r/kucoin Posted by Charkel_ View community ranking In the Top 1% of largest communities on Reddit. I'll be discussing leverage, borrowed margin, liquidation points, stop losses, take profits, and much more. You may click, argin account directly or transfer and keep the assets you want to repay/trade in your Margin account. Tonight I'm going to go over all the similarities and differences between trading on Futures and Cross Margin. It's basically margin but with less friction (steps to take before being able to trade). This feature has been officially launched already, and you can visit the Trading Bot on the KuCoin App to find it. Try now to leverage more profits with less funds! The best places to hold your crypto; securely, anymously, easily. Binance and KuCoin are two of the best possible exchanges to use if you're someone who likes to trade a variety of different altcoins. Tonight I'm going to go over all the similarities and. At Price section, select the price you want to sell. 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. Borrow funds from the Funding Market 3. Try now to leverage more profits with less funds! Main Account Part 2. At Amount section, select the amount you want to sell. 10x to 90x faster lol. By default, the unrealised PNL will change with the mark price on KuCoin Futures. If you want to make Spot trades, kindly transfer your assets to your Trading account. Calculation of leverage:Leverage = Position value / Margin, Calculation of floating leverage:Floating leverage = Position value / Margin pool. Therefore KuCoin Futures will NOT charge any fees. This mechanism makes it easier for you to control risk and lower risk than Cross Margin. Rewards will be provided to users who inform us of the above. Rewards will be provided to users who inform us of the above. This deep dive will give you the basic understanding of both Futures Trading, and Cross Margin Trading, and allow you to choose which is best for your goals.Thanks for watching,-Mark The DGT By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Initial Margin is the minimum amount of funds you must deposit to open a position. Users can transfer their assets via the transfer option on the Assets Overview page. If you deal with a risk, you only lose $200 and will not be deducted from the remaining $800 in your account. In Amount section, select the amount you want to buy. We highly recommend newbies to control the leverage within 5x. Margin in Isolated Margin mode is independent for each trading pair Each trading pair has an independent Isolated Margin Account. How to use the worlds most popular NFT Marketplace, Paxos takes back $20 million PAXG from FTX hack. 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. The funding will be settled at 20:00, 04:00, and 12:00 each day (UTC). For example: Futures/Margin wallet balance is $1000, you open a Short TRX position with the amount of $200. 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. Theactual leverage of the position can be regarded as abarometer of the position risk. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Rewards will be provided to users who inform us of the above. 2. They shut down futures without warning *intentionally.*. Moreover, a Special VIP for "Whales" is available if your total assets exceed one million USDT, you will be eligible for the LV5 fee rate (maker 0%) and other benefits. Web App. Facebook icon Kucoin margin trading fees are 0.02% for the maker and 0.03% for the taker, with a minimum fee of $1. Enable futures trading now to claim up to 20 USDT ofbonus for newbies only! I finally found one that does futures that is an A-book exchange instead of B-book like 99% of crypto platforms. Find the next crypto gem on www.kucoin.com, People's Exchange. 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. The remaining amount is the profit. Rewards will be provided to users who inform us of the above. First, select Transfer. Twitter icon Note: A margin trade works exactly the same as a spot trade and they share the same market depth. I stopped using the margin account as soon as I got comfortable with Futures trading. Tap into Futures---> Deduction Coupon in KuCoin app (orclickhere). When user A earns profit, the unrealized PNLwill be positive. >>> Related: A complete guide to sign up for Binance account for newbies (20% Lifetime Trading Fees discount), What is BingX?