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KuCoin offers users exclusive fee rates for Futures trading and 0% or low interests on Margin loans through its VIP Privilege. Moreover, a Special VIP for “Whales” is available if your total assets exceed one million USDT, you will be eligible for the LV5 fee rate (maker 0%) and other benefits.
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The average interest rate on the day of writing this article is around 25% per year, compared to 50% annual interest on USDT. The risk of a KuCoin hack. We all know that cryptocurrency exchanges are always a target for hackers. Many stories in the past remind us we can't be naive about these centralized exchanges. KuCoin has not come out untouched from these hacking attempts. On September 25, 2020 hackers stole $275 Million worth of assets.
Before starting margin trading on KuCoin, it is necessary to open the margin trading service and transfer crypto assets to the margin trading account to trade. . Enter the maximum daily interest .
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The annual rate of lending will be calculated based on the daily interest rate set by the lender. The calculation is as follows: Annualized profit rate = Daily interest rate*365. The interest in margin lending will be partially divided. The platform will charge 5% of the interest income as the platform service fee and 10% as the insurance fund. 3.2 Borrow
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A tutorial on kucoin margin trading (web version) a tutorial on kucoin margin trading (app version) earn 10x profit (sell short) on margin trading (cartoon) earn 10x profit(buy long) on margin trading (cartoon) see all 9. Kucoin is a relatively new exchange that has. The simplest way to buy crypto coins on the kucoin exchange is by credit .
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In general, KuCoin Margin traders nowadays are more prone to long rather than short, resulting in USDT often having the highest APR for lending. 3、Choose Tradition Lend To Always Get A Satisfying APR. Before starting lending your coins, you need to know that you always have to make a tradeoff between Fund Utilization Rate and Interest Rate.
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How to Calculate/Pay Interest . - KuCoin Help Center
The descriptions for margin trading – KuCoin Help Center
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KuCoin lending review: Is it really possible to earn passive .
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For Newbies: KuCoin Margin Trading Tutorial; For newbies: Debt Ratio is the Key to Affect Your Profit or Loss; Earn 10x Profit(Buy Long) on Margin Trading (Cartoon) Earn 10x Profit (Sell Short) on Margin Trading (Cartoon) How to Claim the "Interest Free" coupon from KuCoin Margin; Top 3 KuCoin Margin Tips That You Should Know!
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5 Things You Need To Know About KuCoin Crypto Lending