Dear KuCoin Users,
To enrich the variety of assets available, KuCoin’s Margin Trading platform has added the Synthetix (SNX) asset and trading pair.
New Margin Asset: SNX
New Borrowable Asset: SNX
New Margin Pair: SNX/USDT
KuCoin has randomly placed coupons into traders' accounts.
*How to claim: Trading interface > Get Bonus (if checking through the KuCoin App, it needs to be updated to the latest version)
*Coupons can be used to borrow funds at 0 interest for long or short in Margin Markets, and only through the coupon interface.
*How to use: Click Coupon > Transfer > Borrow > Trading
We’re also excited to announce the zero-interest promotion for borrowing SNX. Users can borrow tthem at the SNX Funding Market. The cap is 50,000 SNX every day, first come, first served.
Activity Time: 12:00:00 on January 19, 2021 - 12:00:00 on January 25, 2021 (UTC)
Margin 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