KuCoin Crypto Lending FAQ
Basic Question:
1. What is the KuCoin Crypto Lending?
KuCoin Crypto Lending is an upgraded product based on old KuCoin Crypto Lending Market. Users lend funds through subscriptions and match them with users with market borrowing needs to realize profit.
Users can visit the page by going to "KuCoin website" > “Earn” > "KuCoin Crypto Lending".
2.What is the advantages of "KuCoin Crypto Lending"
| Lending | KuCoin Crypto Lending |
| Lending Experience | Expected interest rate subscription, matchmaking order immediately, easy lending |
| Redeem Experience | Redemption at a minimum of T+1 hour after matching, flexible utilization of funds |
| Borrowing | KuCoin Crypto Lending |
| Borrowing Experience | With a stable supply of funds |
| Interest Experience | Interest follows the market and is updated hourly |
Borrowing:
1. What is the relationship between Crypto Lending and Margin Trading?
The funds that users lend through Crypto Lending are used to match the needs of Margin Trading users for borrowing.
2. What is the impact of Crypto Lending on Margin Trading?
Loan interest will be charged hourly according to market supply and demand changes. For details, please refer to Interest Calculation. At the same time, a more stable capital scale will be provided for Margin Borrowing, and the Margin Trading process will remain unchanged.
3. How to calculate the interest rate of Crypto Lending?
At the beginning of each hour, the platform matches the funds of the lender's fund pool according to the borrower's net borrowing value (total borrowing amount - repayment amount). The matching rules are as follows:
Interest rate bidding is conducted each hour based on Minimum Lending APY, with the highest bid value being used as the Current Lending APY:
If, Minimum Lending APY < Current Market Lending APY, then assets will be successfully lent out using the Current Lending APY.
If, Minimum Lending APY > Current Market Lending APY, then assets will not be lent out, and no interest will be earned.
If, Minimum Lending APY = Current Market Lending APY, then either a portion of the assets will be lent out or no assets will be lent out.
After that, the borrowing interest rate of the borrower in the hour interval will be borrowed according to the current market lending annualization rate, and the users whose Minimum Lending APY ≤ Current Market Lending APY and who are successfully lent will receive interest according to the Current Market Lending APY.
4. How to view my loan order in Crypto Lending?
The loan orders can currently be viewed through the "KuCoin Website" > "Earn" > "Crypto Lending" > “Margin Borrowing”.
5. How to repay the currency borrowed through Crypto Lending?
The repayment can be completed through the Margin Trading interface, and the process remains unchanged.
Lending:
1. How does Crypto Lending generate income?
Interest earned from funds will match the funds of successful users to users who need to borrow money so that depositors can obtain a certain amount of interest on borrowing money.
2. Why is there no profit after the successful subscription of Crypto Lending?
After the subscription is successful, only the loaned part can receive the corresponding income. Please confirm whether the Minimum Lending APY you set deviates too much from the Current Lending APY.
3. How to calculate the interest rate of Crypto Lending?
At the beginning of each hour, the platform matches the funds of the lender's fund pool according to the borrower's net borrowing value (total borrowing amount - repayment amount), and the matching rules are as follows:
Interest rate bidding is conducted each hour based on Minimum Lending APY, with the highest bid value being used as the Current Lending APY:
If, Minimum Lending APY < Current Market Lending APY, then assets will be successfully lent out using the Current Lending APY.
If, Minimum Lending APY > Current Market Lending APY, then assets will not be lent out, and no interest will be earned.
If, Minimum Lending APY = Current Market Lending APY, then either a portion of the assets will be lent out or no assets will be lent out.
After that, the borrowing interest rate of the borrower in the hour interval will be borrowed according to the current market lending annualization rate, and the users whose Minimum Lending APY ≤ Current Market Lending APY and who are successfully lent will receive interest according to the Current Market Lending APY.
4. When can I get my profits?
If funds are successfully lent out at the top of the hour, your interest for this hour will arrive within the next hour.
5. When can I redeem my assets?
You can redeem the assets under the subscription at any time, and the unlent portion of the subscription will be credited immediately, while the loaned portion of the subscription will be credited to the account in the next hour.
Please note: If there are no replaceable funds in the lending pool, your subscription will be delayed.
6. When will the assets participate in Crypto Lending after the automatic subscription is selected?
After the automatic subscription is enabled, the system will automatically purchase and lend at 16:30 and 06:30 (UTC) every day according to the target minimum lending APY you set.