KuCoin Earn: Rate-Up Coupons
This article explains what a Rate-Up Coupon is and how to use it.
1. What is a Rate-Up Coupon?
Rate-Up Coupons are exclusive benefits provided by KuCoin Earn. Using these coupons let you earn additional interest on your locked assets. The extra yields generated by the coupon are credited to your Funding Account daily.
2. Where Can I Find My Rate-Up Coupons?
You can view your Rate-Up Coupons by going to the KuCoin App → My Rewards.
3. How to Get Rate-Up Coupons?
To earn Rate-Up Coupons, stay up to date with our KuCoin Earn events. You may find coupons on the KuCoin Earn page, in the Rewards Hub, and during certain limited-time events.
4. How Do I Use My Rate-Up Coupons?
When you subscribe to KuCoin Earn products, a Rate-Up coupon will be used by default if the product allows it. You may also choose to use other Rate-Up Coupons, if you have any.
5. How Do Rate-Up Coupons Provide Additional Interest?
There are two types of Rate-Up Coupons:
1. Principal Rate-Up Coupons
These coupons apply an increase to a fixed amount of principal according to the coupon's stated interest rate.
Example: A coupon with a principal rate-up cap of 1000 USDT, a validity period of 14 days, and a 50% interest rate increase for 7 days. If you subscribe to a KuCoin Earn product with 1200 USDT, only 1000 USDT (as stated by the cap) will earn the additional 50% interest for those 7 days.
2. Interest Rate-Up Coupons
These coupons apply additional interest to your earnings, up to a fixed limit. Once this limit is reached, no additional interest will be accrued.
Example: A coupon with an interest cap of 5 USDT, a validity period of 14 days, and a 50% interest rate increase for 7 days. Regardless of how much USDT you use to subscribe to said KuCoin Earn product, the maximum interest you can receive from this coupon is 5 USDT.