A Tutorial on KuCoin Margin Trading (Web Version)

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. If the investment strategy is appropriate, margin trade can essentially magnify the gains for traders.

Completing a set of margin trade processes is divided into six steps in total, namely: opening margin trade, transferring principal (margin) to a margin account, borrowing more assets from the margin trading markets, trading, closing positions, and repaying currency.

How to open margin trading?

1. Log into the KuCoin official website: www.kucoin.com, click the "Trade" button in the menu bar, and click "Margin" to enter the margin trading area;

      2. Click the "Go to Leverage" button in the lower right corner to open margin trading.

      Notice: KYC users in restricted countries and regions cannot open margin trading;

                   Users with IP addresses in restricted countries and regions cannot open margin trading;

                  Users in our blacklist cannot open margin trading.

How to transfer the principal (margin) to a margin account?

1.Click the “transfer” button;

2.Enter the quantity and token, and click confirm to transfer the tokens from the main account or trading account to the margin account;

2.1 Drop down the box to choose main account or trading account;

2.2 Select the token you want to transfer to the margin account from the drop-down box (only tokens supported in margin trading can be transferred);

2.3 Enter the amount you want to transfer to the margin account

How to borrow more tokens?

Method one: You can directly select a trading pair on the trading interface (the trading pair must include the tokens you want to borrow), click the "Borrow" button to quickly borrow the tokens, and the market will borrow the number of tokens at the optimal interest rate;

Method two：Users can also borrow tokens by the following process:

1. Click the "Earn" button, click "Lend"; 

2. Click “Borrow” and choose the token you want to borrow
   • Enter the maximum daily interest rate: the daily interest rate can only be selected from the lending market and can not be set at will;
   • Entry the quantity: each token has a minimum borrowing quantity, and the maximum borrowing quantity is 9 times the margin(principle);
   • Click the "Borrow XXX" button to borrow tokens

Notice: The interest is calculated for the first time after the borrowing is successful, and the interest is calculated every hour after that

How to trade?

Select the trading pair you want to trade, exchange the borrowed token for another token;

For example, if you borrow USDT and think that BTC will rise, so you trade USDT for BTC, choose BTC/USDT trading pair and buy BTC with the borrowed USDT. Please click here for the specific model of margin trading.

How to close your position?

Also on the margin trading, trade the tokens you borrowed again. For example, if you buy BTC with the borrowed USDT, you only need to sell the BTC to exchange it back to USDT, which is the closing of the position.

How to repay?

1. Select the trading pair in the trading interface (the trading pair must include the token you want to repay), and click the "Repay" button;

2. Choose the token you want to repay
   • Repay rules: time priority principle: repay the first borrowed tokens first; interest rate priority principle: repay tokens with higher interest rates first;
   • Quantity: enter the quantity you want to repay, if you want to repayall tokens, click "all" , click the "Confirm" button to repay the token.