Dear Users,
In order to express gratitude to users of KuCoin Margin Trading, we will be launching an interest-free lending event for our KuCoin Margin users.
Event Period: From 00:00 on March 19, 2024 to 24:00 on April 2, 2024 (UTC)
Interest-free tokens: ETH, SOL, BNB, SHIB, and USDC.
During the event period, users will get to enjoy an interest-free lending on the first hour of borrowing any of the afore-mentioned currencies every day.
For example, If you borrow USDC and BTC at 09:15 on March 19, 2024 (UTC) and it's your first borrowed transaction of these tokens for the day. Only the new USDC loans made between 09:15 and 10:00 (UTC) are eligible for the interest-free benefit. This is applicable as USDC is included in the event, whereas BTC is not, and therefore, standard interest rates apply to BTC loans.
The interest-free amount can be viewed in Asset—Margin Account—Account Details.
Terms and Conditions:
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.
Thanks for your support!
The KuCoin Team
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