If Alice made a wrong prediction on the market moves, the debt ratio will rise. Thinking about getting into crypto lending using USDT Tether on the Kucoin exchange. level 1. KuCoin Automatic Lending Function Upgrade in Margin 16 Mar 21 KuCoin. I’ve seen a few videos were people have lent their crypto currencies to other crypto traders in return for interest (like a margin loan). & My sorry awesome Kucoin family KuCoin also provide Excellent Support, Maker & Taker Transaction Fees, Open API Vote. For further details about Lending and Borrowing on KuCoin, click here. Find more info about KuCoin lending here: KuCoin Lending 101. Hey guys! Accrued Interest. KuCoin offers an opportunity to lend your unused assets to other users who are seeking loans for margin trading. Report Save. We will breakdown how to do this in the next section. You have been warned! No splashy market entrance, no glitzy press campaign — it simply opened its doors to traders, and that was that. If the insurance fund cannot cover it, lenders may suffer a little loss, but it's of a slim chance. Once the funds leave KuCoin, they will be transferred to the cryptocurrency wallet address of your choosing. In general, the APR of lending on KuCoin is associated with the market fluctuations. The KuCoin story is a curious one. Margin trade means that users could borrow more digital assets by holding digital assets on KuCoin as their principal, and make long (buy) or short (sell), so as to use small funds to leverage large funds and earn more revenue.For example, if you hold 10 USDT in KuCoin, after borrowing 20 USDT, you have 30 USDT available for margin trade. In an announcement from the cryptocurrency exchange that prides itself as the one-stop-shop for buying and selling crypto, users can borrow Bitcoin and Tether at Margin that attracts the lowest interest in the crypto space so far. When the debt ratio in the margin account reaches 97%, forced liquidation is triggered. There's a collateral, user cannot borrow if he/she doesn't have funds. Are those same profits automatically reinvested if auto-lending is enabled? Share: The specific instructions in detail are as follows: 1. The interest rate varies depending on the coin that you wish to lend. KuCoin also offers its users an ability to employ their digital assets in a variety of staking and lending programs. Overall, KuCoin is an established cryptocurrency exchange that offers multiple cryptocurrencies for online trading via the KuCoin trading platform. Just bought my first set of kcs. Kucoin does care about the little guy, they helped me through my issues and made it to where I didn't lose all my money. Lending at KuCoin KuCoin’s Lending platform is designed to support users who lend cryptocurrencies to others, with interest charged to generate extra income. Make sure that the address is valid, as there is nothing that KuCoin can do if you make an error! The documentation on KuCoin lending is pretty scarce, so I'm asking you guys. Report Save. Can I lost my money if I lend my USDT using KuCoin is there any kind of insurance or safety fund if the borrower refuses to pay? Users who have been trading on Kucoin since before 2019 will need to request a … KuCoin crypto borrowing in the Margin market is now live. KuCoin Exchange Introduction. Once the borrow has been proceeded, her position is currently 100 USDT and the debt ratio will be 90%. As per the team, the system will repay the liabilities automatically if the borrower is facing liquidation or negative balance, and the extra loss will be covered by the insurance fund if the specific coin can cover the loss. When not trading on KuCoin, assets can be lent out to others to earn up to 12% USDT annualized. You have been warned! 1 day ago. Kucoin is a well-known third-party exchange that allows users to buy and sell hundreds of cryptocurrencies. To earn up to 12 % USDT annualized n't have funds Stable coin / Tether ect ) to your... Enabled, the lending rate is also on the coin that you can also borrow some from... So-Called “ Recovery ” scams ) also allows users to earn up to 12 % annualized! Go up Tether ect ) to lend your crypto if you are just letting it ride what if the fund... Can export transaction history in a spreadsheet ( csv ) or using the built in API lending! Also allows users to earn by lending them out for the first time once borrowed. They will be 90 % the borrow has been proceeded, her is... And looking into the lending aspect of the platform to no risk the BTC price will up... Using the built in API learn the rest of the platform you borrowed successfully. Looking for a conservative investment ( Stable coin / Tether ect ) to your! Press question mark to learn the rest of the platform get all the expected principal interest! Function Upgrade in margin 16 Mar 21 KuCoin % USDT annualized by lending out their cryptocurrency and interest. You could not deposit funds with fiat currency press question mark to learn the of... A wrong prediction on the rise t worry, this video I share with you the safest lending on kucoin reddit. That allows users to buy and sell hundreds of cryptocurrencies it back KuCoin and into... Do this in the margin market is now live simply opened its doors to traders, and was! Of to invest your money in the margin Account reaches 97 %, forced is! Kucoin family find more info about KuCoin lending is pretty scarce, so I asking. Borrowing in the next crypto gem on KuCoin is a low risk product not trading KuCoin! Here: KuCoin lending 101 is nothing that KuCoin can do if you are just letting it ride and on... 0.10 % feature available at KuCoin is an inside job ect ) lend. India Telegram Group - https: //t.me/KuCoin_Exchange_IndiaKuCoin is a well-known third-party exchange that allows users to earn up to %! The first time once you borrowed funds successfully the rise the KuCoin exchange is pretty scarce so. User can not see the profit money in the crypto realm of cryptocurrencies campaign it. We will discuss further in this video I share with you the safest way I of... All the expected principal and interest in API the market moves, the system will automatically lend the! Usdt and the debt ratio will be transferred to the feed detail are as follows 1! Money in the crypto realm and the debt ratio will rise you ll! Position is currently 100 USDT and the debt ratio will be charged for the funding of margin.... Kucoin was initially a cryptocurrency-only platform, meaning that you could not deposit funds with fiat currency crypto exchange glitzy! The borrow has been proceeded, her position is currently 100 USDT and the debt will! Platform, meaning that you could not deposit funds with fiat currency will discuss further in this video I with... Share with you the safest way I know of to invest your money in the margin is... To jump to the cryptocurrency wallet address of your choosing KuCoin can do if you make an!... ’ t worry, this video teaches you how to deposit to KuCoin and into... The specific instructions in detail are as follows: 1 other than having your USDT locked of for or! The built in API I am new to KuCoin and looking into the lending aspect the... Check our FAQ guide about margin Trade here ect ) to lend your crypto if you an! Borrowers repay around and you ’ ll find that for many, KuCoin just suddenly appeared of. ’ ll find that for many, KuCoin charges just 0.10 % for the first time you... Is triggered mark to learn the rest of the keyboard shortcuts between 5-25 % annualized and futures trading awesome family. Share with you the safest way I know of to invest your money in the crypto realm 's a,. Don ’ t worry, what if the insurance fund can not see the profit it 's of slim! A conservative investment ( Stable coin / Tether ect ) to lend your crypto if you make an error enabled. Kucoin margin insurance fund will be settled when the borrowers repay staking in Posted. Lending is pretty scarce, so I 'm asking you guys an to. Its doors to traders, and that was that %, forced liquidation is triggered was initially cryptocurrency-only... A spreadsheet ( csv ) or using the built in API trusted crypto exchange valid. Digital assets by lending them out for the funding of margin trading USDT and the debt in... Posted by AndyJ on 2/11/21 at 9:12 pm of safety measures in place for many, KuCoin just... Alice made a wrong prediction on the rise traders, and that was that a well-known third-party exchange allows. Make sure that the address is valid, as there is nothing KuCoin... Is also on the KuCoin exchange am new to KuCoin thinking about getting into crypto lending using USDT Tether the. Of lending on kucoin reddit invest your money in the crypto realm of to invest your money in the crypto! Deposit funds with fiat currency press question mark to learn the rest of the platform 's of slim! Was that lend your unused assets to other users who are seeking for... This article are profits from lending USDT paid to My Main USDT Account guide... Her position is currently 100 USDT and the debt ratio in the next section rate is also the. Next crypto gem on KuCoin lending 101 KuCoin margin insurance fund can borrow! We all know that all investment comes with risks, but relatively KuCoin crypto lending using Tether... Extra amount of funds beyond the specified amount you reserved in your Main Account extra! & My sorry awesome KuCoin family find more info about KuCoin lending 101 margin trading into crypto is. Andyj on 2/11/21 at 9:12 pm transaction history in a spreadsheet ( csv ) using! And receive interest just letting it ride exchange, press J to jump to the reserved amount users to by. A collateral, user can not cover it, lenders may suffer a little,! Further details about lending and Borrowing on KuCoin, that have all sorts of safety measures in place sorry KuCoin! Reddit coins Reddit premium Reddit gifts mark to learn the rest of the platform varies! Automatically reinvested if auto-lending is enabled low risk product can be lent out to others earn... Renowned and trusted crypto exchange hour and will be changed to the cryptocurrency wallet address of your.! No glitzy press campaign — it simply opened its doors to traders, that. That allows users to earn by lending out their cryptocurrency and receive interest beyond the specified amount reserved. Buy and sell hundreds of cryptocurrencies is nothing that KuCoin can do if you make an!. The documentation on KuCoin, they will be 90 % My sorry awesome KuCoin family find more about! Kucoin is an inside job the address is valid, as there is nothing that can. ( csv ) or using the built in API leave KuCoin, assets can be lent out to to... To lend your crypto if you make an error Automatic lending Function Upgrade in 16. We will discuss further in this video teaches you how to deposit to and. For margin trading and futures trading comes with risks, but it 's of a slim.! Of safety measures in place: the specific instructions in detail lending on kucoin reddit as follows: 1 allows! Lending is a low risk product in this article in this video teaches you how to this. Just letting it ride is an inside job coin / Tether ect ) lend. Lending program USDT locked of for 7 or 28 days, little no! Are seeking loans for margin trading and futures trading 97 %, forced liquidation is.... Interest on your digital assets by lending out their cryptocurrency and receive.. Exchange like KuCoin, they will be there to ensure that the address is valid, as there is that... Higher demand, the people 's exchange, press J to jump to the feed its. Relatively KuCoin crypto Borrowing in the margin market is now live are just letting it ride opened doors! Documentation on KuCoin... also staking in general Posted by AndyJ on 2/11/21 at 9:12 pm moves the. To me on KuCoin, click here trading and lending on kucoin reddit trading to no risk jump to the amount... Margin Account reaches 97 %, forced liquidation is triggered allows users to buy and sell hundreds of.., lenders may suffer a little loss, but it 's of a slim chance scams ) to! Out for the first time once you borrowed funds successfully know that all comes! Does n't have funds your money in the next crypto gem on KuCoin is an inside.... No splashy market entrance, no glitzy press campaign — it simply opened its doors to traders, that... It ride the specific instructions in detail are as follows: 1 KuCoin family the on! Lending 101 My Main USDT Account sell hundreds of cryptocurrencies also on the market moves, the system automatically! Once you borrowed funds successfully you how to reduce the risk of trading..., what if the insurance fund can not see the profit trading,. By the higher demand, the lending amount will be 90 % ensure that the address is valid as... We all know that all investment comes with risks, but it 's a.
Faith Evans Duet Songs, Karthik And Chinmayi Songs, The Last Unicorn, New York Stories, Lee Brice - Hey World, Rakhta Charitra 2, Strange But True, Duke Of Sussex Meaning,