Margin Grid Trading Bot Services of MXC Temporarily Closed
Dear KuCoin Users,
Since KuCoin will close the MXC Margin trading service, the MXC-USDT Margin Grid bot will be automatically closed at 06:00:00 UTC on September 1, 2023.
Meanwhile, to protect users’ assets, we strongly recommend that users close the running MXC-USDT Mrigin Grid bot in advance.
Details:
At 06:00:00 on Sep 1, 2023 (UTC),The Margin Grid bot will automatically close and close the position;
*Please close the MXC-USDT Margin Grid bot in time, so as not to affect your leverage ratio and lead to liquidation.
*If the price of MXC fluctuates sharply, the delisting process may be initiated in advance. In order to avoid asset loss, it is recommended to control the debt ratio and close the MXC Margin Grid bot in advance.
Risk Warning: Margin Grid 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.
We apologize for any inconvenience caused and appreciate your patience.
Thanks for your support!
The KuCoin Team
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