Price 4.455. . Traders in levels 1-4 will have an amount limit of 200 BTC. Risk TipsSelecting appropriate leverage is the key to manage position risks and reduce force liquidation possibilities. KuCoin Futures features changeable financing costs for Futures contracts. Try downloading the KuCoin mobile app and checking it there if you havent done so. how to calculate liquidation for futures bot : r/kucoin - Reddit Forbes also named KuCoin one of the Best Crypto Exchanges in 2023. This does not mean you cannot use KuCoin in the U.S., although it does make this platform complicated and risky. Investors receive discounts based on their average monthly holdings of the platforms native token, KCS, or their previous months trading volume. How to Buy LUKSO | Buy LYXE in 4 steps (May 2023) Theres $128,000 on the mortgage. These disclosers are meant to reduce crime and money laundering. When you place a long trade, KuCoin will show you the approximate price the coin has to dip to for you to be liquidated. If the crypto hits your liquidation price, the house (KuCoin) wins and you lose your money. Its fucking nuts. However, keep in mind that the final amount of your trades can be affected because KuCoin can take the amount directly from your traded tokens. In addition, the cost structure on the platform is straightforward and open, allowing traders to comprehend the setup without any issues. As mentioned, KuCoin has a 1-12 leveling system. KuCoin will send you a verification code that you can then input to set. Members are invited to test, discuss, and give feedback about this trading bot, welcome aboard. Overall, the trading and withdrawal costs at KuCoin Futures are comparable to, if not lower than, the industry averages. On the KuCoin.com Website, click here to view your fee share bonus. 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. Cryptos on the exchanges are sorted into the following categories: Class A, Class B and Class C. Most popular cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), are in Class A. This incurs the same base fee of 0.1% as spot trading rates. Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. If you lever up to 100x, the price only needs to drop 1% for you to get wrecked. Fees For whatever reason cointracker don't support Kucoin Futures API so I used coinpanda to handle just that portion of it. Overwrite them) 3. Alternatively, another way to scale down fee charges is to keep KCS tokens for at least 30 days. Since withdrawal fees are primarily connected to the networks transaction fees itself, you will find that KuCoins withdrawal fees are similar to those of other popular exchanges, such as Binance. 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. You buy $100 worth of Bitcoin at 5x leverage. In the top middle of your open position data youll see the liquidation price. This leads to many risks, not the least of which is the inability for U.S.-based customers to complete KYC verification. Theres one huge caveat you need to understand before you even think about opening a KuCoin account: KuCoin is not licensed to operate within the U.S. Coinpanda has direct integration with KuCoin Futures to simplify tracking your trades and tax reporting. 1. The exchange even utilizes a couple of innovative security solutions to enhance their security further, such as trading passwords and the KuCoin Safeguard Program. . and our Is there a problem with this press release? When you land on the asset overview screen, navigate to your futures account on the bottom left. The Complete KuCoin Tax Reporting Guide | Koinly They can slash fees even further if they pay with KCS. KuCoin charges only a flat fee of 0.1% for each spot trade, significantly lower than the industry average. The Passphrase will not be shown again, so remember to write it down. A year later, and they still haven't made this happen. Simply click the Fee button on your interface after logging in. If for some issue you follow the instructions below and cant find your liquidation price, you can input the details of your investment in Binances futures calculator and find it. Scroll to the bottom of the screen. For more information, please see our 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. For example, if I create a long futures grid with price range 20 - 40 USDT, with 100 orders, and investment 200.00 USDT. Some lenders send a promissory note with your loan offer. If you Donate with a Message, it might be posted here!". KCS Pay: You can further reduce your trading fees in spot or margin trading if you enable the KCS Pay Fee feature, which allows you to pay with your KCS holding. This exchange currently accepts USA residents. We do all the Calculations in the web browser! 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 $33,500. SFI does business as Daniels Trading/Top Third/Futures Online. This recognition is not only a milestone for KuCoin but also an affirmation of our vision that everyone will one day be with crypto. Simplex generally charges a 3.5% fee, whereas Baxa charges in the range of 4% to 6%. Having a solid range of services and products available, KuCoin is also widely known for its competitive fee structure. To view this, go to the trading screen and click the calculator icon on the top right. Should you have any further questions, please contact support: Sign up for free. 3. This coin pays 50% of all Exchange Trading Fee's as a Bonus reward to the holders of the KCS Coin. The regular maker/taker charges 0.1% on each transaction when Spot Trading. KuCoin Shares - KCS Coin Bonus Calculator. No, you wont owe money. This can quickly drain your earnings, especially if youre just a beginner trader. with 2x leverage, the bot says Est. The platform offers standard security measures, including identity verification, trading passwords and anti-phishing phrases. Any idea how to chart futures on Tradingview? : r/kucoin - Reddit Click the Calculate button to determine your specific profit or loss in ticks/points and USD$. ", "While these Review's may be a joke, the Calculator actually works. In short, the more you trade and the more KCS you hold within the day, the lower your fees will be. KuCoin $500 Bonus + Fee Discount (Referral Code QBSSS9X9)https://www.kucoin.com/r/af/QBSSS9X9 KuCoin Spot Trading Tutorial for Beginnershttps://youtu.be. . Kucoin.com is a Cryptocurrency exchange, started in 2017. Select history (deposit & withdrawal). Takers, meanwhile, reduce liquidity by filling existing maker orders. The report studied unicorn companies in 48 countries and 271 cities worldwide, revealing 508 new names. KuCoin charges rock-bottom fees and supports trading in a huge range of cryptocurrencies. Select the wallet icon in the top right corner. 3. As a software product manager, I cant blame them too much given they have tens of millions of users and not much staff in their Singapore office. Something went wrong. Price 4.226. Almost all of the stolen assets were recovered, and KuCoin compensated for the missing assets through its insurance. Submit the required documentation and provide your best possible application. You can check your trading fee level when you log in to your KuCoin account. ", "Kucoin Share Calculator's (KCSCalc.com) owner can do over 100 Push Ups, so he must make a good website! KuCoin Calculator: Calculate Your Fees on KuCoin KuCoin Calculator Use the free KuCoin calculator to work out your fees on the KuCoin cryptocurrency exchange. KuCoin is a global cryptocurrency exchange which offers a wide range of trading pairs on many different digital assets. This flat base fee doesnt matter even if the coins gain and lose value. The 2023 Hurun Global Unicorn List features the world's most successful private start-ups founded in the 2000s worth at least $1 billion. Established in 2013, Gate.io has grown in to a reputable trading platform . The Futures calculator can calculate the close price based on your expected entry price, ROE, and leverages. Because of this, I wouldnt recommend using the leverage feature when doing your first dozen or so short trades with KuCoin. As an example, for every $100 they make KCS coin owners will get $50 to share split between all KCS Coins (100 Million Coins exist currently). The following are some advantages of utilizing SEPA transfers: KuCoin offers users exclusive fee rates for Futures trading and 0% or low interests on Margin loans through its VIP Privilege. Near the middle of your open position info banner youll see your liquidation price. Price 4.226. You are advised to perform an independent investigation of any transaction to determine whether any transaction is suitable for you. Log in to KuCoin. For starters, users who are based in the U.S. cannot complete standard financial industry Know Your Customer (KYC) disclosures on KuCoin. If youre planning to start your cryptocurrency journey or want to have more effective trades, KuCoins low trading fees should put this exchange at the top of your list. Thanks & Welcome to the Forbes Advisor Community! Trade Size (USD) Total Fee (USD) What is KuCoin? You can now use KuCoin Futures Calculator to calculate potential Profits, Liquidation Price, and Close Price before placing any orders. To rank the best crypto exchanges overall and the best exchanges for beginners, we assessed all of the features and options offered by these 25 platforms. Kucoin Futures API documentation for placing a limit order ( https://docs.kucoin.com/futures/#place-an-order ) has a param called "size" with type Integer. Using margin greatly increases the amount of risk youre able to take when investing in an already risky and historically very volatile asset and is best left to experienced crypto investors. Calculate your taxes and generate all required tax reports and forms easily. Crypto Profit Calculator - Bitcoin, Ethereum and More The only downside is I'm out a few hundred for all this crypto tax software along with turbotax on top of it. KuCoins rich feature set and low fees could make it a compelling choice for advanced crypto investors, particularly outside the U.S. Learn the most important aspects of leverage trading for cryptocurrency, including tips and risks, as well as alternatives. KuCoin offers some of the lowest rates among major cryptocurrency exchanges, whereas the fee structure is open, straightforward, and simple to comprehend.