Users can transfer their assets via the transfer option on the Assets Overview page. Select the trade amount at Amount section. Scan the QR code to login KuCoin, From now on, you can market ticker in real time. This mechanism makes it easier for you to control risk and lower risk than Cross Margin. KuCoin Futures adopts a sophisticated risk engine and liquidation model, you can find more details about the calculation of liquidation price in this tutorial. The information is updated on a monthly basis. KuCoin Futures will airdrop bonus to all users! Reward amounts will be determined based on the type and relevance of the information provided. Whats the benefits of using margin instead of futures? Click on the wallet icon select Main Account. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. When the borrower's debt is about to expire, the system will automatically borrow the same amount of the corresponding debt assets (which equals the remaining mature debts principal and interest) to continue the debt if there are insufficient corresponding assets in the borrower's account. This means that you can buy more coins/tokens than the original amount by using the assets to collateralize this loan. Theactual leverage of the position can be regarded as abarometer of the position risk. Emirex vs KuCoin Futures (2023) - List of Differences | Cryptowisser Tonight I'm going to go over all the similarities and differences between trading on Futures and Cross Margin. This mode is useful for users who are hedging existing positions. While KuCoin Futures does have two kinds, Delivery and Perpetual. Crypto Lending and Borrowing. When the funding rate is negative, then vice versa. KuCoin is a cryptocurrency exchange with large trading volume and high liquidity. All Rights Reserved. For example, you invest $300 and the Margin balance in your Futures/Margin wallet account has $3,000. YouTube icon. The higher the actual leverage is, the higher risk of liquidation would be and vice versa. I wish I had opened my Kucoin futures account over a good meal because I like to get wined and dined before I get fucked. Margin: The margin is used in opening a position or maintaining your current position, which is formed by Initial Margin and Maintenance Margin . If there is no funds left to deposit, the system will help you liquidate the position and you will burn your account. These pairs can include top cryptocurrencies, and unlike futures, margin trading occurs directly on the spot exchange. Despite their huge profit, they are also extremely risky, especially for inexperienced traders. Press question mark to learn the rest of the keyboard shortcuts. Itonly affects the liquidation price and unrealised PNL. Binance and KuCoin are two of the best possible exchanges to use if you're someone who likes to trade a variety of different altcoins. Step 2: Transfer funds to your Futures wallet to start trading futures contracts. Your experience on this site will be improved by allowing cookies. The higher the actual leverage is, the higher risk of liquidation would be and vice versa. (Don't get REKT)! 2. Exchange Comparison KuCoin Futures vs KuCoin The below KuCoin Futures vs KuCoin table shows how KuCoin Futures and KuCoin differ with respect to trading fees, withdrawal fees, deposit methods, supported cryptos, trading types, user scores and more. Reddit and its partners use cookies and similar technologies to provide you with a better experience. CopyRight 2017 - 2023 KuCoin.com. The best places to hold your crypto; securely, anymously, easily. For more information, please see our Collateral = Initial Margin + Realized PNL + Unrealized PNL < Maintenance Margin. Calculation formula: Funding = Position value * Funding rate, Position Value = Lots x Mark Price x Multiplier, Position Value = (Lots / Mark Price) x Multiplier. now to claim the bonus! KuCoin provides margin trading with leverage positions with over 15 cryptocurrencies like KCS, ETH, and BTC are available. Initial Margin is the minimum amount of funds you must deposit to open a position. If you deal with a risk, you only lose $200 and will not be deducted from the remaining $800 in your account. Goclaim itnow! If a trader fails to fulfill the maintenance requirement, his/her position will be taken over by the liquidation engine and gets liquidated, and the maintenance margin will be lost. When the positionsof. 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. Index price: The weighted price tracked from the spot prices of 6 exchanges. Margin Account Part 4. A Futures in KuCoin Futures is an agreement to buy or sell a particular crypto asset at a predetermined price and a specified time in the future. All marketplaces for NFTs in one, easy to compare, list. On both Margin and Futures, users can use leverage. Take profit: select the price you want to take profit. Repay loans 1.Transfer principal to your margin account Note: Any currency supported on Margin trade can be transferred. and our Step 4: Open a sell position by placing a Limit order. Yes, users can use margin trading, futures or leveraged tokens, which allows them to use leverage. 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. Kucoin Futures and Kucoin Margin Trading Guide, A complete guide to sign up for Binance account for newbies (20% Lifetime Trading Fees discount). Try now to leverage more profits with less funds! With the decrease of PNL, the margin pool will also reduce, which means the denominator of the formula becomes smaller, and thus the leverage increases. Crypto lending and borrowing is an intuitive way of earning passive income in the crypto market . (Web Version), How to trade Futures at KuCoin Futures? Watch on 1. All the trading products on KuCoin Futures are Futures of cryptocurrency. Reward amounts will be determined based on the type and relevance of the information provided. It's basically margin but with less friction (steps to take before being able to trade). HOW TO USE ISOLATED AND CROSS MARGIN ON KUCOIN. What is margin? If you think that the specific token will go down, at step 2, you can borrow that token then sell it short at a higher price, then buy it back at a low price to make a profit. At the Price section, select the price you want to sell. Futures Account Part 5. When it comes to investing in futures, there are two main types of margin: isolated and futures. However, in some cases it is also influenced by external factors (crowd psychology, economic policy, macro situation). Only after the position is closed will the position's profit/loss be settled and reflected in the balance. KuCoin charges rock-bottom fees and supports trading in a huge range of cryptocurrencies. You know? I won't feel sorry for anyone getting liquidated by margin trading on KuCoin after these past weeks of "temporary downtime upgrades". Futures contracts are standardized agreements to buy or sell an asset at a later date at a specified price, while margin trading allows traders to borrow money from a broker to buy or sell an asset. Privacy Policy. 1.Unrealised PNL is also called floating PNL, which is the profit and loss of your current positions calculated based on the price gap between the average entry price and the mark price. KuCoin says you can earn 8% to 12% on average. Realised PNLis not affected. On the position, you can easily find the "Liquidation Price". Web App. Your personal information will be kept confidential. All Rights Reserved. Rewards will be provided to users who inform us of the above. When placing a 10x position what would be cheaper to keep for a long hold due to fees. 10x to 90x faster lol. The max leverage for Margin is 10x and futures is 100x for Bitcoin and Eth, 20x for all other coins I believe. Risk is isolated in each Isolated Margin Account. We highly recommend newbies to control the leverage within 5x. If the leverage is high, please pay attention to the position risk. 2.Realised PNL is also the PNL of partially closed positions or reduced positions, including the position PNL, trading fees as well as funding fees associated with the trading. Step 5: To cancel the order just placed, choose Open Order and click Cancel. To have a better understanding of Kucoin Futures, lets assume that you anticipate the price of Bitcoin to rise, you execute a long order. Users are able to access to greater capital so they will be in a greater position. In simple terms, KuCoin Futures trading is a process of opening a position - getting profit/loss from the position - closing a position. Your personal information will be kept confidential. Your personal information will be kept confidential. Here is a comparison chart below for reference: Open a position: Borrow funds and plance an order to trade, Close a position: Sell/Buy to close and repay USDT & interest. A-Book means the platform doesn't provide liquidity, so they make the same amount whether you win or lose trades. To close an open order on Kucoin Futures, select Position, At the Close Position section, click Limit/Market to close the order at the limit price or market price. It has the same minimum leverage (low risk options)? B. Future or Margin? Only specific cryptocurrencies can be transferred in, held, and borrowed in a specific Isolated Margin Account. Margin Trade refers to a trade mode in which users borrow a certain amount of digital tokens by pledging digital tokens in KuCoin to make a long (buy) / short (sell) operation. you canonlyoperateineach tradingpairindependently. Trade: Let's buy long using BTC with the BTC/USDT trading pair as an example, using the borrowed USDT to buy BTC. KuCoin, a Singapore-based cryptocurrency exchange, has one of the largest cryptocurrency and trading pairs selection. RSI Guy Banky 830 subscribers Subscribe 141 Share 17K views 1 year ago In this video, I explained briefly how to trade. When the market price matches the selected price, the system will automatically execute the order. Therefore KuCoin Futures will NOT charge any fees. Instead of fiat currencies or other cryptocurrencies, KuCoin Futures handles Bitcoin/ETH only, and all the profit and loss are in Bitcoin/ETH/USDT. With futures you're able to lose your money about 10x faster than you do with margin. Futures trading is a 100x magnifier of your profits! Reward amounts will be determined based on the type and relevance of the information provided. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Margin vs. Futures trading : r/kucoin by Unconsciously_Sober Margin vs. Futures trading Whats the benefits of using margin instead of futures? Investors can choose the Cross Margin or Isolated Margin mechanism when opening a position, Smooth trading system, fast order execution, You will deal with a high risk of burning your account if you use large leverage, using leverage is very dangerous when the market is highly volatile, Prone to price manipulation: The price of a. Stop loss: when the market price drops to the price you want to stop loss, the system will automatically sell immediately. At Price section, select the price you want to buy. If you want to withdraw or make P2P trades, please keep your assets in your Main account. Initially, KuCoin launched what was known as KuMEX. 400 million Twitter user data for sale on the black market? The funding rate represents the difference between the price of the perpetual contract market and that of the Spot market. When the funding rate is positive, holders of long positions pay for those of short positions. Floating leverage = Position value / Margin pool, A. For more details, please check, Futures deduction coupon has been distributed to your account! This is Kucoins trading platform for investors who want to bet on the future of an asset. Web App. Realised PNL: This is based on the difference between the entry price and close price of a position. rading account directly or transfer the relative assets to your, rading account from other accounts. It's insane how terrible they are. 4) Place your order. USDT Isolated Margin Account, only BTC and USDT are accessible. It is a reference PNL of a position. Risk Warning: Please pay attention to the risk control of Futures trading. Futures trading has a lot better UI, PNL is included. Just set your leverage and begin trading, really convenient. What Is Crypto Margin Trading on KuCoin? . With the growthof PNL, the margin poolwill become greater as well, which means the denominator of the formula becomes larger,and thus the leverage decreases. They shut down futures without warning *intentionally.*.