Borrow at Margin With Ultra-Low Interest!
Dear KuCoin Users,
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.
How to earn in Margin Trading? (Example only)
Sell BTC for Short: Borrowing BTC, and selling BTC at a high price, buying at a low price when BTC falls, earning 10x profit.
Buy BTC for Long: Borrowing USDT, and buying BTC at a low price, selling at a high price when BTC rise, earning 10x profit.
Activity Period (UTC+8):
| June 2, 2020 | 23:59 |
| June 3, 2020 | 10:00 |
| 17:00 | |
| 23:00 | |
| June 4, 2020 | 10:00 |
| 17:00 | |
| 23:00 |
Activity Rule:
KuCoin will lend BTC at a 0.015% interest and USDT at a 0.02% interest rate in the 28-day term funding market. A total amount of 350 BTC and 2,100,000 USDT will be lent during the activity. First come, first served.
Tip: There will be low interest rate surprises during the event.
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