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: