Margin Markets Upgraded! Enjoy the New Margin Trading Experience!

Dear KuCoin Users,

1. Make Your First Margin Trade and Get Rewards

Following the upgrade of the trading interface, KuCoin will launch activities for first-time margin traders from 12:00:00 on June 11, 2020 to 23:59:59 on June 20, 2020 (UTC+8).

Activity 1:

Users completing their first margin trade order during the activity period will enjoy zero interest (up to 5 USDT)! With this zero interest offer, you can trade in the margin market using a small amount of funds to spur big gains!

Rules:

• Transfer your assets to your Margin Account;
• Borrow tokens in any terms and trade the tokens in the Margin Markets during the activity period.

Activity 2:

Users borrowing any amount of leverage for the first time and completing their first margin trade order will enjoy a full refund of the first transaction fee (up to 5 USDT)!

Rules:

• Transfer your assets to your Margin Account;
• Borrow tokens in any terms and trade the tokens in the Margin Markets during the activity period.

Activity 3:

Users borrowing any amount of leverage for the first time will enjoy a margin trading fee refund for 3 days after initiating their first margin trade (up to 5 USDT).

Rules:

• Transfer your assets to your Margin Account;
• Borrow tokens in any terms and trade the tokens in the Margin Markets during the activity period.

Example: User A will enjoy the margin trading fee refund of up to 5 USDT from 15:00:00 on June 11, 2020 until 15:00:00 on June 14, 2020 (UTC+8) if he trades on June 11, 2020 at 15:00:00 (UTC+8).

Note:

* Users can participate in one of the above activities. If they participate in two or three activities at the same time, they will no longer be eligible.

Fill out the following form to participate in the activity: Join Activity

* The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and are not forced, interfered with, or influenced by KuCoin in any way.

2. Experience the New Trading Interface with an Ultra-Low Interest Rate

KuCoin Margin Trading has been upgraded! In order for users to experience the new interface, KuCoin will be launching an ultra-low interest borrowing activity in the Margin market. Users who borrow BTC and USDT from the KuCoin official account during the activity period will enjoy an ultra-low interest rate from 12:00:00 on June 11, 2020 to 22:00:00 on June 17, 2020 (UTC+8).

How to earn in Margin Trading? (Example only)

Sell BTC for Short: Borrow BTC and sell BTC at a high price, then buy at a low price when the BTC price falls, earning 10x profit.

Buy BTC for Long: Borrow USDT and buy BTC at a low price, then sell at a high price when the BTC price rises, earning 10x profit.

Activity Period (UTC+8):

Activity Rule:

KuCoin will lend BTC at a 0.01% interest rate and USDT at a 0.015% interest rate in the 28-day term funding market. A total of 420 BTC and 18,900,000 USDT will be lent during the activity. The activity will operate on a first-come, first-served basis.

*Margin Trade

*Comic Instruction

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.

KuCoin reserves all rights to the final interpretation of this announcement.

The KuCoin Team