For traders looking to purchase crypto using fiat currencies, KuCoin provides various options for doing so, including their Fast Buy function, P2P, and interoperability with Simplex and other similar services. You can choose an autopay method online to help you pay on time every month. Once 24 hours has past you will be rewarded with your bonus, it is calculated at 0:00 UTC +8 (West Australia/Hong Kong Time). For trading, a Class A coin and the basic level of Level 0 (LV0), the maker/taker range is 0.1%/0.1%, respectively. Reddit and its partners use cookies and similar technologies to provide you with a better experience. All rights reserved. Koinly will calculate your KuCoin Futures taxes based on your location AND generate your EOFY tax report, all within 20 minutes! It would also make the platform more secure and easier to access for U.S. users. Price 4.455. Learn the most important aspects of leverage trading for cryptocurrency, including tips and risks, as well as alternatives. In order to improve the trading experience of users, KuCoin Futures launched the Calculator. Follow the three steps below to enter the futures calculator page. Every 8 hours, the Futures funding occurs at 04:00, 12:00, and 20:00 UTC. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. We do all the Calculations in the web browser! More obscure coins, like Love Coin (LOVE), fall under Class B, trading with a 0.2%/0.2% maker/taker fee for that low-volume level of LV0. Now follow the steps to calculate your own profit: 1. Gate.io. If this isnt working, try accessing KuCoin through another medium/browser. Simply go to the KuCoin website, click the sign-up button and enter your email. Stilt provides loans to international students and working professionals in the U.S. (F-1, OPT, H-1B, O-1, L-1, TN visa holders) at rates lower than any other lender. 3. Instead, the exchange uses a charge structure known as a flat fee, meaning every KuCoin Spot Trading transaction has a set cost of 0.1%, which is lower than the global industry average. Quantity* Only numbers should be used. This recognition is not only a milestone for KuCoin but also an affirmation of our vision that everyone will one day be with crypto. Investing is speculative. Opening a KuCoin account is very easy. 1. with 3x leverage, the bot says Est. Should you have any further questions, please contact support: Sign up for free. Scan this QR code to download the app now. with 2x leverage, the bot says Est. The Forbes Advisor editorial team is independent and objective. In addition, those assets are backed by Lockton, a private insurance brokerage. Also, the platform has its own native token, KuCoin Shares (KCS). I bought around a Bitcoin price of $41,700 at 5x, so KuCoin is showing my liquidation price to be 20% less than that, or about $33,500. Basic trading features count as one factor in the overall and beginner rankings. You need to enable JavaScript to run this app.<iframe src="https://www.googletagmanager.com/ns.html?id=GTM-PBTJK8Q" height="0" width="0" style="display:none . With KCS Pay Fee enabled, the taker fee is further driven down to the platforms lowest at 0.02%. To be eligible, users must hold at least six KCS tokens. References to over-the-counter (OTC) products or swaps are made on behalf of StoneX Markets LLC (SXM), a member of the National Futures Association (NFA) and provisionally registered with the U.S. Commodity Futures Trading Commission (CFTC) as a swap dealer. Try downloading the KuCoin mobile app and checking it there if you havent done so. Theres $128,000 on the mortgage. The discount can be up to 20%. The platform offers standard security measures, including identity verification, trading passwords and anti-phishing phrases. As you may know, excessive cryptocurrency trading and depositing costs might reduce your earnings; however, KuCoins customers can be confident that their fees will remain competitive. Members are invited to test, discuss, and give feedback about this trading bot, welcome aboard. kucoin_moderator 1 yr. ago Hi, go to futures then somewhere in the upper right of that page you will see words "Place order" below your "profile icon". Launched in September 2017, KuCoin provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 27 million users across 207 countries and regions, offering a diverse set of over 700 digital assets. Calculate your taxes and generate all required tax reports and forms easily. Simply buy KuCoin Shares (KCS) and hold them for a day! If youre using KuCoin on Google Chrome, try it with Safari or Brave. "We are honored to be included in the Hurun Global Unicorn list of 2023, which is a testament to our dedication towards becoming a reliable and trustworthy gateway into the world of cryptocurrency, said Johnny Lyu, CEO at KuCoin. How to Use the KuCoin Futures Calculator? We'd love to hear from you, please enter your comments. Scroll down- youll see your open positions. If you want to be at the highest level in the KuCoin fee structure, you must have a holding of 150,000 KCS or a 30-day average trading volume equivalent to 80,000 BTC. Traders should consider interest before borrowing money. Select history (deposit & withdrawal). Rewards will be provided to users who inform us of the above. How to connect KuCoin Futures to Koinly via API On KuCoin Futures Leverage* Only numbers should be used. This is what the liquidation price is- KuCoin will take your invested money before the price of the crypto goes low or high enough for you to owe anything. In short, the more you trade and the more KCS you hold within the day, the lower your fees will be. Not financial advice- but those who stay alive in the crypto leverage game are extremely prudent with their leverage (2x-3x). It does not take into account your particular investment objectives, financial situation or needs and does not create a binding obligation on any of the StoneX group of companies to enter into any transaction with you. Nevertheless, these are still relatively low compared to industry averages. You can also sign-up for KuCoin with a phone number. 2. This means KuCoin put up an extra $400 for me to buy $500 worth of Bitcoin in total. Takers, meanwhile, reduce liquidity by filling existing maker orders. Other trading costs are also discounted based on the variables, for example participants in institutional investor programs also get substantial trading fee reductions. BTW I was using APE/USDT for this example. How to Buy LUKSO | Buy LYXE in 4 steps (May 2023) Customers with levels ranging from 0 to 4 have a daily withdrawal limit of 200 BTC, while level 12 customers have a daily withdrawal limit of 3,000 BTC. No, you wont owe money. If you still cant see your futures positions. Now you need to set up your repayment method. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 27 million users in 207 countries and regions. Liq. The exchange also offers several technologically advanced products and services, most notably a trading platform, mobile app, Futures, Margin, Indexes, and Lending Program. KuCoins rich feature set and low fees could make it a compelling choice for advanced crypto investors, particularly outside the U.S. SFI is registered with the U.S. Securities and Exchange Commission (SEC) as a Broker-Dealer and with the CFTC as a Futures Commission Merchant and Commodity Trading Adviser. In the top middle of your open position data you'll see the liquidation price. Trade Futures, Spreads and Options with Confidence. The high-liquidity exchange is well-established, with one out of four crypto holders opting for it. Reward amounts will be determined based on the type and relevance of the information provided. 2. Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. Import trades automatically and download all tax forms & documents for KuCoin Futures easily. Simply click the Fee button on your interface after logging in. Or, the ultimate crypto calculator with thousands of cryptocurrencies to choose from! Outside of the U.S., KuCoin also has similar limitations. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap, and has been named by Forbes as one of the Best Crypto Exchanges in 2023, the Most Recommended Exchange by Finder's Award 2023, and by The Ascent as the Best Crypto App for enthusiasts. . When you land on the asset overview screen, navigate to your futures account on the bottom left. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. All Meme Rights Reserved. And, this exchange is steadily growing with a large selection of coins like the competitor Cryptopia Shares. No, KuCoin does not provide an EOFY . SXMs products are designed only for individuals or firms who qualify under CFTC rules as an Eligible Contract Participant (ECP) and who have been accepted as customers of SXM. KuCoin is buggy as fuck- and its frustrating when this happens. 11 days later, and they still haven't made this happen. Click Start calculation to get the result of the Liquidation Price. On the KuCoin Futures Pro page, go to . KCS Coins are currently available on at Kucoin, KuCoin.com Any idea how to chart futures on Tradingview? : r/kucoin - Reddit If your application meets the eligibility criteria, the lender will contact you with regard to your application. Moreover, the Kucoin trading price is straightforward and transparent, making it easy for customers to understand. Choose position direction: Buy/Long or Sell/Short. If you lose 50%, 75%, or even 90% of your trade, you can always come back from it. Fees for a specific coin might also change regularly depending on network usage. 4. Below is a list of the client level fees: Traders should note that KuCoin has set withdrawal limitations of 24 hours, which vary depending on the user level. - KuCoin's Own Website. In KuCoin, different roles incur different trading fees. Alternatively, another way to scale down fee charges is to keep KCS tokens for at least 30 days. Something went wrong. Save the file as a XLS or XLSX file 4. One of the principal factors behind KuCoins popularity is that its fees are significantly lower than those of other cryptocurrency exchanges, at 0.1% per transaction. and our Every time someone trades the Coin holders get 50% of those fee's, such that as trading Volume increases so does the money earned by Coin Holders. KuCoin is a secure cryptocurrency exchange that makes it easier to buy, sell, and store cryptocurrencies like BTC, ETH, KCS, SHIB, DOGE, etc. The regular maker/taker charges 0.1% on each transaction when Spot Trading. By way of explanation, the USD/USDT loan rate, which adjusts for comparable financing rates, can be either positive or negative. Commissions do not affect our editors' opinions or evaluations. Having the ability to complete KYC verification would open up the full realm of KuCoins offerings to customers based in the U.S. However, U.S. users need to be aware that, due to their inability to complete KYC verification, their accounts may not be as secure as international accounts. Provide any additional information if required. with 3x leverage, the bot says Est. Price 17.9. Entry Price* Only numbers should be used. KuCoin Calculator: Calculate Your Fees on KuCoin KuCoin Calculator Use the free KuCoin calculator to work out your fees on the KuCoin cryptocurrency exchange. Contact the source provider Comtex at editorial@comtex.com. For the pictures youre seeing in this article, I placed a 5x long trade on Bitcoin here with $100. The costs of these transactions will vary depending on the form of payment used, but they should rarely exceed 7%. with 3x leverage, the bot says Est. There are two different ways to import your transactions from KuCoin Futures to Coinpanda: Remember to tag your transactions if you have received airdrops or staking rewards! No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc. 2023 StoneX Group Inc. All Rights Reserved, As a futures trader, it is critical to understand exactly what your potential risk and reward will be in monetary terms on any given trade. Since withdrawal fees are linked to network fees, you will find that in most instances, KuCoins withdrawal fees mirror those of Binance. In 2020, KuCoin suffered a major hack, with more than $280 million in assets stolen. To calculate your taxes accurately, you must import all transactions from KuCoin Futures to Coinpanda. References to securities trading are made on behalf of the BD Division of SFI and are intended only for an audience of institutional clients as defined by FINRA Rule 4512(c). For more information, please see our This website is free for you to use but we may receive commission from the companies we feature on this site. KuCoin offers its own coin, KuCoin Token (KCS), an ERC-20 token that runs on the Ethereum network. hbspt.cta.load(2022783, 'f8d4d9fa-b85b-4b97-a35e-a32d3a5aeded', {"region":"na1"}); STOP ORDERS DO NOT NECESSARILY LIMIT YOUR LOSS TO THE STOP PRICE BECAUSE STOP ORDERS, IF THE PRICE IS HIT, BECOME MARKET ORDERS AND, DEPENDING ON MARKET CONDITIONS, THE ACTUAL FILL PRICE CAN BE DIFFERENT FROM THE STOP PRICE. At this level, accounts have a daily withdrawal limit of 3,000 BTC. Scroll down- you'll see your open positions. Performance information may have changed since the time of publication. KuCoin Futures Calculator - Calculate Beforehand to Enjoy Profitable Trading! Scroll down and you'll see your open positions. Now follow the steps to calculate your own close price: 2. We are grateful for the support from our investors and partners, who share our belief in the power of crypto to transform the global financial landscape.". This leads to many risks, not the least of which is the inability for U.S.-based customers to complete KYC verification. Crypto Profit Calculator - Bitcoin, Ethereum and More 10,000 transactions/sec Environmental sustainability . KuCoin turns around and buys you an extra $400 worth of bitcoin. Theres also a futures/liquidation calculator on the KuCoin futures trading screen. In this article, we will talk about trading on KuCoin and the costs that you will incur. KuCoin Futures implements IEPR(Immediately Executable Price Range) rule, in which the price of a buy order cannot be higher than 1.05 * mark price, . They can slash fees even further if they pay with KCS. As with all crypto exchanges, its important to keep in mind that you are investing in a very volatile new asset class. This easy-to-use tool can be used to help you figure out what you could potentially make or lose on a trade or determine where to place a protective stop-loss order/limit order to capture your profit. Its like the dealer getting blackjack. For instance, the current fee to withdraw Bitcoin from the platform is 0.0005 BTC, which would amount to approximately $10.12, at the time of this writing. Whether working with stablecoins, non-fungible tokens, or 'branded currencies', DigitalBits claims to bring the following perks to the table. KuCoin Futures It's the ultimate Bitcoin calculator. You can use this for anything from rebalancing your portfolio when your asset allocation goes askew to programming guardrails for it to take advantage of price fluctuations in your absence.
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