KuCoin Futures Trading 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. KuCoin, a Singapore-based cryptocurrency exchange, has one of the largest cryptocurrency and trading pairs selection. Futures deduction coupon has been distributed to your account! 3) Enter your desired leverage. When the market price decreases and reach this price, the system will automatically take profit for you. 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. When placing a 10x position what would be cheaper to keep for a long hold due to fees. Initial Margin is the minimum amount of funds you must deposit to open a position. Learn how to Short Trade Bitcoin and any other cryptocurrency on Kucoin Exchange. The larger the absolute value of the funding rate, the larger the difference between the two prices. How Margin Trading differs from Futures Trading. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Well there you have it. Margin: The margin is used in opening a position or maintaining your current position, which is formed byInitial Margin andMaintenance Margin. Bonus can be used inFutures trading and profits generated from it can be transferred or withdrawn! Repay loans 1.Transfer principal to your margin account Note: Any currency supported on Margin trade can be transferred. The best places to hold your crypto; securely, anymously, easily. In Amount section, select the amount you want to buy. Future or Margin? 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). Facebook By default, the unrealised PNL will change with the mark price on KuCoin Futures. 2) Select "margin" from the trade type options. he decrease of PNL, the margin pool will also reduce, which means the denominator of the formula becomes smaller, and thus the leverage increases. Investors can choose the Cross Margin or Isolated Margin mechanism when opening a position, Smooth trading system, fast order execution, You will deal with a high risk of burning your account if you use large leverage, using leverage is very dangerous when the market is highly volatile, Prone to price manipulation: The price of a. Try now to leverage more profits with less funds! Additionally, you can purchase crypto using fiat on Binance for only 0.1%, whereas on KuCoin the transaction fee to purchase crypto with fiat ranges from 3% - 5%. Learn Margin Trading on Kucoin in under 30 minutes! Both Binance and KuCoin have low trading fees starting at 0.1%, but with discounted rates using their native tokens, Binance is lower at 0.075% vs KuCoin's 0.08%. With futures you're able to lose your money about 10x faster than you do with margin. Funding can be calculated through the funding rate. All Rights Reserved. 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). Click on the wallet icon select Main Account. Rewards will be provided to users who inform us of the above. No borrowing funds and repaying. Step 3: Select Trade Futures Trading. Note that trading on margin can exacerbate losses and should only be used by experienced traders who understand and can afford the risk involved. The funding rate represents the difference between the price of the perpetual contract market and that of the Spot market. Web App. The maximum leverage available on KuCoin futures is 100x, but users need to pass KYC first. 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. You can make a great profit or you quickly lose all your assets. Watch on 1. 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. Step 5: To cancel the order just placed, choose Open Order and click Cancel. Margin vs. Futures trading : r/kucoin by Unconsciously_Sober Margin vs. Futures trading Whats the benefits of using margin instead of futures? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Newbies Must Read 02: Actual Leverage - Key of Controlling Futures Trading Risks. Margin in cross margin mode is shared among the users Margin Account, Each user can only open one cross margin account, and all trading pairs are available in this account. Select the Margin account you want to use at Margin Account section. FTX review 2022: FTX sign up for beginners, What is Opensea? Only after the position is closed will the position's profit/loss be settled and reflected in the balance. Your personal information will be kept confidential. 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. If you want to withdraw or make P2P trades, please keep your assets in your Main account. 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. 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. Theactual leverage of the position can be regarded as abarometer of the position risk. You can follow the steps in the guidance article below to start your Futures trading: How to trade Futures at KuCoin Futures? Stop loss: when the market price drops to the price you want to stop loss, the system will automatically sell immediately. (, If you want to lend your assets out, please keep the relative assets in your Main account) . 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. Borrow funds from the Funding Market 3. Just set your leverage and begin trading, really convenient. Your personal information will be kept confidential. you canonlyoperateineach tradingpairindependently. Realised PNLis not affected. Twitter icon For example, you invest $300 and the Margin balance in your Futures/Margin wallet account has $3,000. KuCoin provides margin trading with leverage positions with over 15 cryptocurrencies like KCS, ETH, and BTC are available. Note: A margin trade works exactly the same as a spot trade and they share the same market depth. What is Futures? Three is a level of risk with margin and futures trading hence a lot of decision and management needs to be considered . Therefore KuCoin Futures will NOT charge any fees. In this video I will show you step by step process to enter short positions. When placing a 10x position what would be cheaper to keep for a long hold due to fees. To short on Kucoin margin, you will need to: 1) Find the instrument you want to short on the Kucoin platform. Please click here to start margin trading and click here to enter the Margin help center to learn more. 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. Collateral = Initial Margin + Realized PNL + Unrealized PNL < Maintenance Margin. In order to provide a more professional and better environment for our valued users, KuCoin offers five types of accounts. Financial Account Part 1. 2.Realised PNL is also the PNL of partially closed positions or reduced positions, including the position PNL, trading fees as well as funding fees associated with the trading. Future vs Margin - Fee comparison . Reward amounts will be determined based on the type and relevance of the information provided. Try now to leverage more profits with less funds! Reward amounts will be determined based on the type and relevance of the information provided. 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. So why use the margin account at all? Diversify your portfolio, you will have more investment options. 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. I stopped using the margin account as soon as I got comfortable with Futures trading. At Price section, select the price you want to buy. Kucoin Margin Vs Futures There are a few key differences between Kucoin margin trading and futures trading. When the funding rate is positive, holders of long positions pay for those of short positions. 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. Isolated margin is when an investor only puts up the margin for the specific contract they are buying, while with futures margin, the investor puts up the margin for the entire value of the contract. (Don't get REKT)! You know? KuCoin says you can earn 8% to 12% on average. Please click here to go back to the Assets Overview page. On the position, you can easily find the "Liquidation Price". 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. Changes in prices will be often affected by supply and demand. KuCoin charges rock-bottom fees and supports trading in a huge range of cryptocurrencies. If you want to repay the debt or make Margin trades, please deposit tokens to your Margin account directly or transfer and keep the assets you want to repay/trade in your Margin account. 10x to 90x faster lol. If you deal with a risk, you only lose $200 and will not be deducted from the remaining $800 in your account. What is margin? We highly recommend newbies to control the leverage within 5x. Could someone please explain to me the differences between margin and futures trading on kucoin. If the leverage is high, please pay attention to the position risk. All the trading products on KuCoin Futures are Futures of cryptocurrency. For instance, in the BTC. in the name of 'your safety' doing this seems very unsafe for the user. A. Funding is charged peer to peer between traders. Differences Between Isolated Margin and Cross Margin, Margin Trade: Spot Index Calculation Rules. KuCoin Futures will airdrop bonus to all users! New users should think twice before entering this risky financial trading form. It's basically margin but with less friction (steps to take before being able to trade). Step 1: After successfully logging into your Kucoin account. B. Go, The deduction coupon can be used to deduct, utures trading fees of random amount. Floating leverage = Position value / Margin pool, A. >>> Related: What is Futures? KuCoin Futures adopts a sophisticated risk engine and liquidation model, you can find more details about the calculation of liquidation price in this tutorial. (Tips: If you want to lend your assets out, please keep the relative assets in your Main account) . Crypto lending and borrowing is an intuitive way of earning passive income in the crypto market . Margin Account Part 4. At Price section, select the price you want to sell. This article will help beginners of Futures trading to know about the related introductory knowledge and to start the trading journey smoothly. Trading Account Part 3. The system will check the margin level of the Cross Margin Account and notify users about supplying additional margin or closing positions. When it comes to investing in futures, there are two main types of margin: isolated and futures. At Amount section, select the amount you want want to buy. Choose between Cross Margin and Isolated Margin. 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. 1.1 Cross Margin Cross margin means that all assets (regardless of type) in the margin account will be used as collateral to improve capital utilization and prevent liquidation. Futures Account Part 5. Part 1. KuCoin Futures will airdrop bonus to all users! For more information, please see our Once liquidation happens, all positions will be liquidated. Rewards will be provided to users who inform us of the above. When the funding rate is positive, holders of long positions pay for those of short positions. Also, users can do that on each account page. RSI Guy Banky 830 subscribers Subscribe 141 Share 17K views 1 year ago In this video, I explained briefly how to trade. because some peeps got liquidated on the futures and scared to repeat it again. A-Book means the platform doesn't provide liquidity, so they make the same amount whether you win or lose trades. The funding will be settled at 20:00, 04:00, and 12:00 each day (UTC). Step 2: To start Margin trading, you must transfer funds to Margin wallet. The information is updated on a monthly basis. Futures trading is a 100x magnifier of your profits! What is margin? 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. Margin trade (Buy long/Sell short) 4. It's one of the few platforms where U.S. users can access a margin account for trading crypto, and it. To open a Short position on Kucoin Futures, select Limit order. Step 4: Open a sell position by placing a Limit order. Unrealised PNL: The unrealised PNL is based on the difference between the average entry price and mark price. Please click, . Coin-Margined Contract Calculation formula: Funding = Position value * Funding rate Position Value = (Lots / Mark Price) x Multiplier The funding will be settled at 20:00, 04:00, and 12:00 each day (UTC). For more details, please checkKuCoin Futures Trial Fund. This feature has been officially launched already, and you can visit the Trading Bot on the KuCoin App to find it. Yah it takes practice to get good at it and unfortunately practice cost money. Rewards will be provided to users who inform us of the above. Futures. No borrowing funds and repaying. Kucoin Futures and Kucoin Margin Trading Guide, A complete guide to sign up for Binance account for newbies (20% Lifetime Trading Fees discount). I'll be discussing leverage, borrowed margin, liquidation points, stop losses, take profits, and much more. It also features an excellent interface for trading and multiple ways to earn money by futures, margin, and peer-to-peer trading. Scan the QR code to login KuCoin, From now on, you can market ticker in real time. Tonight I'm going to go over all the similarities and. The assets in the Main account are mainly used for the storage, withdrawal, and deposit of funds and KCS pay fees. Once you have enabled margin trading, there are 4 steps you must know to complete a margin trade: 1. All Rights Reserved. Open a sell position by placing an Limit order. When the market price matches with the selected price, the system will automatically execute the sell order. 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. With the growthof PNL, the margin poolwill become greater as well, which means the denominator of the formula becomes larger,and thus the leverage decreases. Calculation of leverage:Leverage = Position value / Margin, Calculation of floating leverage:Floating leverage = Position value / Margin pool. Tonight I'm going to go over all the similarities and differences between trading on Futures and Cross Margin. This means that you can buy more coins/tokens than the original amount by using the assets to collateralize this loan. CopyRight 2017 - 2023 KuCoin.com. Below is a list of VIP tradings fees: The system will execute the auto-renew procedure. KuCoin also provides futures trading where users can buy and sell crypto futures standardized contracts. 400 million Twitter user data for sale on the black market? KuCoin, ByBit, Binance, etc suck generally as futures trading platforms. It is recommended that newbies control the leverage within 5x and set the Take Profit and Stop Loss on your position. Initial Margin is the minimum amount of funds you must deposit to open a position. USDT Isolated Margin Account, only BTC and USDT are accessible. 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. Isolated Margin Kucoin is a mechanism that limits the amount of coins traded each transaction. 1. Read More Financial reserves Updated at 9:02:37 AM Total: $3,310,418,752.26 Mark price:This system sets the Mark Price of the Futures to the Fair Price. (Web Version), How to trade Futures at KuCoin Futures? Twitter 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. Step 2: Transfer funds to your Futures wallet to start trading futures contracts. See how Emirex and KuCoin Futures differ with respect to fees, deposit methods, supported cryptos, trading types, user scores and more. . Close position: When the BTC price goes up, you can sell the BTC you bought before back to USDT. 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 . now to claim the bonus! In simple terms, KuCoin Futures trading is a process of opening a position - getting profit/loss from the position - closing a position. Pros and cons of Kucoin Margin and Kucoin Futures, Advantages of Kucoin Margin and Kucoin Futures, Disadvantage of Kucoin Margin and Kucoin Futures. Margin trading on Kucoin allows users to trade with leverage of up to 5x. YouTube Press J to jump to the feed. The higher the actual leverage is, the higher risk of liquidation would be and vice versa. Margin: The margin is used in opening a position or maintaining your current position, which is formed by Initial Margin and Maintenance Margin . Therefore, you need have a good knowledge of cryptocurrency market to make long-term profits. CopyRight 2017 - 2023 KuCoin.com. Using Cross Margin helps you make huge profits. For example: Futures/Margin wallet balance is $1000, you open a Short TRX position with the amount of $200. 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. Transfer principal to your margin account. Futures trading has a lot better UI, PNL is included. How to use the worlds most popular NFT Marketplace, Paxos takes back $20 million PAXG from FTX hack. The max leverage for Margin is 10x and futures is 100x for Bitcoin and Eth, 20x for all other coins I believe. In the Price section, select the price you want to buy. To have a better understanding of Kucoin Futures, lets assume that you anticipate the price of Bitcoin to rise, you execute a long order. Despite their huge profit, they are also extremely risky, especially for inexperienced traders. Then the BTC price meets a resistance zone and turns bearish that results in losing your funds. In addition, KuCoin supports 35 trade pairs with up to 10X leverage. Trade: Let's buy long using BTC with the BTC/USDT trading pair as an example, using the borrowed USDT to buy BTC. All marketplaces for NFTs in one, easy to compare, list. Step 5: To cancel the order just placed, select Open Order click Cancel. Rewards will be provided to users who inform us of the above. HOW TO USE ISOLATED AND CROSS MARGIN ON KUCOIN. The higher the actual leverage is, the higher risk of liquidation would be and vice versa. : This article is based on buying long in a margin trade. When user B bears losses, the unrealizedPnLw. Users can transfer their assets via the transfer option on the Assets Overview page. 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. I stopped using the margin account as soon as I got comfortable with Futures trading. The company says lenders will always be repaid in full, either from the borrower's collateral or. To be specific, when the floatingPNL(namely, the unrealized PNL) is positive, the system will lower the actual leverage. rading account directly or transfer the relative assets to your, rading account from other accounts. When user A earns profit, the unrealized PNLwill be positive. M (Mobile) StationHave Fun with KuCoin by visiting the Mobile Site! Guide to sign up for BingX, Binance sign up and trading guideline for beginners, What is FTX? KuCoin offers users exclusive fee rates for Futures trading and 0% or low interests on Margin loans through its VIP Privilege. This is Kucoins trading platform for investors who want to bet on the future of an asset. It is a reference PNL of a position. The deduction coupon can be used to deductFutures trading fees of random amount. (APP Version). Reward amounts will be determined based on the type and relevance of the information provided. This mechanism makes it easier for you to control risk and lower risk than Cross Margin. All Rights Reserved. Here is a comparison chart below for reference: Open a position: Borrow funds and plance an order to trade, Close a position: Sell/Buy to close and repay USDT & interest. Yes, users can use margin trading, futures or leveraged tokens, which allows them to use leverage. At the Price section, select the price you want to sell. Maintenance Margin is the minimum amount of funds you must hold to keep a position open. You may click here to start Spot trading. They will have an amount of funds to trade many times larger than the amount of capital. Lets go and see the functions of each account. Cookie Notice Your experience on this site will be improved by allowing cookies. I stopped using the margin account as soon as I got comfortable with Futures trading. Find the next crypto gem on www.kucoin.com, People's Exchange. 2. For instance, when withdrawing BTC from KuCoin, users only have to pay 0.0004 BTC. If there is no funds left to deposit, the system will help you liquidate the position and you will burn your account. actual leverage of the position can be regarded a. barometer of the position risk. Investing in a futures contract might cause a company that hedged to miss out on favorable price movements. The assets in the Margin account are mainly used for Margin borrowing and Margin trading. The position PNL is calculated based on the price gap between the entry price and the close price. Please note,Margin poolincludesMarginandUnrealized PNL. Learn more details about the Index price. 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. Web App. Your personal information will be kept confidential. 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. >>> Related: A complete guide to sign up for Binance account for newbies (20% Lifetime Trading Fees discount), What is BingX? If you want to make Spot trades, kindly transfer your assets to your Trading account. 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. When user B bears losses, the unrealizedPnLwill benegative. We highly recommend newbies to control the leverage within 5x. Let's go and see the functions of each account. Note that the higher the leverage, the higher the probability of increasing profits, but the risk is also very high. Kucoin margin trading fees are 0.02% for the maker and 0.03% for the taker, with a minimum fee of $1. The ADL mechanism has protected users from losing extra margins in their account if their position is being liquidated and also avoided the inflexibility over the settlement in the Socialised Loss mechanism. Liquidation: To keep the positions open, traders are required to hold a percentage of the value of their position, i.e., the Maintenance Margin percentage.