Everything You Need to Know About KuCoin Futures ?

What is kucoin?

The KuCoin cryptocurrency exchange was founded in the Seychelles in September 2017. It offers to buy, sell and trade crypto tokens for users around the world.

In addition to basic trading functionality, KuCoin offers P2P, futures, and margin trading.

Cryptocurrency users can earn rewards by lending or staking cryptocurrencies.

KuCoin has lower transaction fees than some of its competitors. This makes it a desirable trading platform.

Kucoin is a community-driven platform that provides space for inclusivity among users. They offer over 700 different digital assets on their platform.

Kucoin provides spot trading, margin trading, peer-to-peer currency exchange, futures trading, and lending and borrowing services to 20 million users in over 200 countries and territories.

KuCoin is a large, open-to-all exchange that offers additional features and tools to appeal to a sophisticated audience.

KuCoin offers excellent trading tools for users who have experience with cryptocurrencies outside of the United States.

Before signing up for the platform, make sure it's the right choice by doing some additional research.

Advantages of kucoin futures

Compared to other cryptocurrency exchanges, KuCoin has lower fees and a larger selection of coins. More experienced crypto enthusiasts may prefer KuCoin as it offers exchanges, futures, spreads, and peer-to-peer staking.

Past performance does not indicate future results in high risk transactions like futures. Needless to say, significant gains and losses can occur with futures trading, which is why it is not recommended for casual investors.

Your entire margin balance may be liquidated due to sudden price changes.

KuCoin advises viewers not to consider this information as investment advice.

KuCoin announced that it will not guarantee users a positive result after completing a transaction. They will also not be blamed if users lose money through their futures trading services.

KuCoin has seen a surge in futures trading volume thanks to constant innovation and rapid growth.

Compared to last year, daily open interest has increased by 500%.

Along with a 400% increase in futures volume, the highest ever intraday trading volume topped US$10 billion.

Over 50% of users opened futures accounts after seeing a user's 10,000% futures profit position.

3rd anniversary of kucoin futures

KuCoin Futures celebrated its third anniversary in August.

The anniversary festivities attracted 130% more participants than the previous year.

A 67% higher than usual increase occurred in new event attendees compared to the two weeks prior to the event.

This event is organized to celebrate the 3rd anniversary of KuCoin. It offers beginner grants, quest points, and rewards for futures trading quizzes.

KuCoin Futures allows users to independently profit from price changes through long and short positions.

In honor of the platform's third anniversary, KuCoin Futures has set aside 50,000 USDT as a prize pool.

Sharing the prize money is a great reason to get your friends to register for the event. They can register after having invited them to run their first future.

Up to 600 USDT in rewards are available for guest users who participate in the 3rd Anniversary event. Everyone will reap the benefits of surprising novelties in addition to what has already been said.

How to Trade on KuCoin Futures ?

Trading Kucoin futures contracts starts easy.

KuCoin Futures will likely ask you about your income, experience, and wealth.

Kucoin asks these questions to determine the level of risk its users can handle in terms of positions and leverage.

Before committing real money to a trade, some exchanges allow you to open a demo trading account. By using a demo account, you can practice trading before making your first real money trade.

Testing your knowledge of the futures market through commissions, leverage, and market interactions is a great way to increase the value of your portfolio.

Kucoin suggests starting with a virtual account to make sure you understand trading before committing real money.

Trading a chain of hogs requires knowing what to do with the contract when it expires. Since most casual traders do not want to do this, they usually choose not to trade these contracts.

KuCoin allows you to choose the leverage you want to trade. Contracts based on Bitcoin or other perpetual coins are limited to 100x leverage. However, other contracts offer leverage between 1x and 20x. Remember that with higher leverage comes a higher risk of liquidation if your trade goes wrong. 

To register on "Kucoin", please visit the link below:

https://www.kucoin.com/ucenter/signup?rcode=rB3PP68

*Sources of additional information:

https://bit.ly/3Llcy1e