You can check your trading fee level when you log in to your KuCoin account. Investors receive discounts based on their average monthly holdings of the platforms native token, KCS, or their previous months trading volume. KCS Coins are currently available on at Kucoin, KuCoin.com Service. The major drawback for KuCoins U.S. users is the lack of U.S. licensure. Your level changes every day depending on your 30-day average trading volume and KCS holdings. U.S. users of KuCoins platform run considerable risks not carried by other platforms licensed in the U.S. KuCoin might be a better fit for international users. Traders in levels 1-4 will have an amount limit of 200 BTC. Your level will be displayed on the page. Tax nightmare : r/kucoin - Reddit Here you can enter your leverage, long or short (buy/sell), and price- KuCoin will show you what your prospective liquidation price is. 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. How to Buy LUKSO | Buy LYXE in 4 steps (May 2023) Seems like it is pointless to have futures if your customers have no way to chart them in the way that they need to, to do proper analysis. You can now use KuCoin Futures Calculator to calculate potential Profits, Liquidation Price, and Close Price before placing any orders. When you place a long trade, KuCoin will show you the approximate price the coin has to dip to for you to be liquidated. KuCoin doesnt charge deposit fees, but it does have set withdrawal fees that depend on the crypto tokens market situations, although GAS and NEO are both free. 2. Although touted as one of the most affordable exchanges in the market, KuCoin does still have fees. How to Enable Stop Losses & Take Profits on KuCoin So You Don't Get The platform also implements industry-standard security features such as the KYC process and two-factor authentication. A limit order to buy "CELRUSDTM" with param size = 1 results in an order placed to buy 10 CELR. Liq. Enter a name (Ex: Coinpanda) and the API Passphrase field. For example, if I create a long futures grid with price range 20 - 40 USDT, with 100 orders, and investment 200.00 USDT. Once you have this information, you can use a crypto staking calculator. Whether working with stablecoins, non-fungible tokens, or 'branded currencies', DigitalBits claims to bring the following perks to the table. . 3. 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! Choose your position: Buy/Long or Sell/Short. The high-liquidity exchange is well-established, with one out of four crypto holders opting for it. When you land on the asset overview screen, navigate to your futures account on the bottom left. The KuCoin Futures calculator can help you determine and balance between the different parameters of long/short position, leverages, the entry price, close price, and contract size based on your expected profit. In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. Theres $128,000 on the mortgage. Simply buy KuCoin Shares (KCS) and hold them for a day! To determine crypto exchange rankings, we assessed the features and options offered by nearly 25 exchanges, trading apps and brokerage platforms that offer crypto trading options. Alternatively, another way to scale down fee charges is to keep KCS tokens for at least 30 days. You can take a look at the full list of fees when futures trading in KuCoin for more details. For trading, a Class A coin and the basic level of Level 0 (LV0), the maker/taker range is 0.1%/0.1%, respectively. The Kucoin Share (KCS) Coin was sold to supporters of KuCoin, giving them a Share in the profit. In this article, we will talk about trading on KuCoin and the costs that you will incur. Understanding KuCoin Fees: Final Thoughts, How to Transfer From Coinbase to Coinbase Pro. 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. Im a firm believer that information is the key to financial freedom. Where to Find Liquidation Price on KuCoin Futures Try downloading the KuCoin mobile app and checking it there if you havent done so. Should you have any further questions, please contact support: Sign up for free. This leads to many risks, not the least of which is the inability for U.S.-based customers to complete KYC verification. Underneath liquidation price, youll see the price at which your trades will go Lehman Brothers on you (go to zero). Simply buy KuCoin Shares (KCS) and hold them for a day! Unfortunately, KuCoin is not licensed to operate in the U.S., although the site can still be accessed for various functionalities, such as buying and selling crypto. KuCoinShares.com is a community created website which features a KuCoin Bonus Calculator to calculate the KCS Bonus you receive from holding KuCoin Shares. By way of explanation, the USD/USDT loan rate, which adjusts for comparable financing rates, can be either positive or negative. 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. As with all crypto exchanges, its important to keep in mind that you are investing in a very volatile new asset class. Multiply the amount of leverage by 100, and apply that to the price of the coin you're going long/short on. Price 4.455. . Like most crypto exchanges, you pay a fee to withdraw almost all cryptocurrencies from your KuCoin account. (US Only). Click the liquidation price text at the top of the calculator. Your personal information will be kept confidential. with 3x leverage, the bot says Est. Margin trading, platform lending, and advanced trading were not considered for choosing the best crypto exchanges for beginners. Established in September of 2017 by Micheal Gan and Eric Don, the exchange is currently surging in popularity because of its excellent features. Its worth mentioning that in some instances, the same coin will be charged as the fee, and the actual transaction amount may differ from the amount that appears in the account since a portion is removed as the fee. Entry Price* Only numbers should be used. Founded as the peoples exchange, KuCoin ranks among the worlds top 10 largest crypto exchanges by volume, according to CoinMarketCap.com. And, this exchange is steadily growing with a large selection of coins like the competitor Cryptopia Shares. Contact the source provider Comtex at editorial@comtex.com. Beginning as a fork of the popular Steller network, DigitalBits is a new blockchain offering which describes itself as an, 'easy-to-use open-source blockchain used to power digital assets'. The maker fee is waived. View the full release here: https://www.businesswire.com/news/home/20230420005553/en/, The Global Unicorn List 2023, released by the Hurun Research Institute, shows that the number of unicorns has surged from 494 pre-Covid to 1,361 today, and the total value has risen from US$1.7 trillion to US$4.3 trillion. In light of this, Spot and Futures trades are assigned a level ranging from 1 to 12 based on their 30-day trading volume or 30-day KCS holdings. Among them Hurun Global Unicorn List 2023 highlighted that "Seychelles-based crypto exchange KuCoin bucked the trend of the rest of the industry, raising US$150 million in July last year at a valuation of US$10 billion.". Your app will calculate your KuCoin taxes for you and generate a pre-filled tax report based on your location - for example, the IRS Form 8949 and Schedule D or the ATO myTax report. KuCoin Calculator: Calculate Your Fees on KuCoin KuCoin Calculator Use the free KuCoin calculator to work out your fees on the KuCoin cryptocurrency exchange. The Complete KuCoin Tax Reporting Guide | Koinly (Desktop) go to your trading screen on KuCoin futures. It's the ultimate Bitcoin calculator. Taking everything into consideration, KuCoin is a well-established cryptocurrency exchange that provides some of the lowest trading costs in terms of Spot, Futures, and withdrawal fees. Select history (deposit & withdrawal). There are numerous methods to reduce such expenses, for instance, trading fees are lowered depending on trading volume and holdings of KuCoins native token, the KCS, during the previous 30-days. Exchange Calcs 2017. Almost all of the stolen assets were recovered, and KuCoin compensated for the missing assets through its insurance. ago. KuCoin will send you a verification code that you can then input to set up your password. Theres a 24-hour withdrawal limit, with amount limits also varying depending on the level. For example.. KuCoin is a trader-friendly exchange that features accessible trading fees and an extensive list of available cryptocurrencies. Members are invited to test, discuss, and give feedback about this trading bot, welcome aboard. When investing your capital is at risk. All Rights Reserved. Forbes also named KuCoin one of the Best Crypto Exchanges in 2023. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Not financial advice- but remember that leverage is insanity. Futures Calculator | Calculate Profit / Loss on Futures Trades If the price of Bitcoin drops 20%, youre wiped out and your holdings go to zero. KuCoin Review 2023 - Forbes Advisor We take a holistic underwriting approach to determine your interest rates and make sure you get the lowest rate possible. Liq. Owning KCS lets KuCoin users receive trading fee discounts, and they are also entitled to earning a daily bonus reward. U.S. usersbeing unable to complete KYC verificationarent offered the same protections as international users. 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. Get the latest news and insights from the crypto world. Having the ability to complete KYC verification would open up the full realm of KuCoins offerings to customers based in the U.S. Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin Crypto lending is not, of course, without its risks. Toggle to the positions [x] button. IF A MARKET REACHED ITS DAILY PRICE FLUCTUATION LIMIT, A "LIMIT MOVE", IT MAY BE IMPOSSIBLE TO EXECUTE A STOP LOSS ORDER. As an example, on December 31, 2019, the BTC/USD market price of Coinbase became abnormal and the spot index of Deribit, one of the most popular derivatives exchanges in the world, fell over 7% in 5 minutes, or 2,000 points. Your financial situation is unique and the products and services we review may not be right for your circumstances. The regular fee in this level is only 0.07% for the taker fee. 2. Share/Bookmark KCSCalc.com's Result with this Link: Daily Trading Volume: (Millions of Dollars), Trading Fee (Average) of what COSS Charges Users. Select the leverage and input the Entry Price and ROE. At risk of beginning to pull back. Some CDs are now paying 5% or more, but pros say dont count on that lasting. Simply go to the KuCoin website, click the sign-up button and enter your email. Select the leverage and input the entry price, close price, and size (amount). Submit the required documentation and provide your best possible application. How to file your KuCoin taxes with Koinly It uses a level-based pay structure, where those in the higher tiers gain lower trading fees when they buy and sell coins. Performance information may have changed since the time of publication. Enter the "Futures" page and click the icon to find the "Calculator" as shown in the screenshot below.Please upgrade the App to the latest version. Other entries on the list include esteemed brands such as Bytedance, SpaceX, and Telegram. The editorial team then developed a standardized methodology, analyzing 10 key benchmark features and variables to assess quality across the platforms. 1. To be eligible, users must hold at least six KCS tokens. For example, KuCoin can use the USDT/KCS token as a fee when youre trading the BTC/USDT token. Your decisions are yours alone and we are in no way responsible for your actions. When I trade with leverage, I do it with very small amounts (<2%) of my crypto portfolio. You can use Crypto Profit Calculator to calculate the potential profit/loss from your cryptocurrency investments like Bitcoin, Ethereum, Dogecoin, Shiba Inu, Solana, Cardano, and more. The more people trade on KuCoin.com the more fee's are made. This involves taking on significant risk, no matter what trading platform you choose. Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. "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. SEPA payment functionality was added to KuCoins platform on January 24, 2022, making it easier for Europeans to fund their accounts and take advantage of the convenience of zero costs, as well as depositing up to 1 million EUR in a single transaction. Click the calculator icon in the upper right corner of the Place Order section. Done! Calculate hypothetical profit & loss (PnL), return on equity (ROE), and liquidation price before placing any orders on crypto futures trades. Because KuCoin is buggy AF. Upload this file here to start your import Login to your KuCoin account. This exchange currently accepts USA residents. Luckily, even at the base rate, KuCoin still has one of the lowest trading fees around, at only a 0.1% fee for every transaction. 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 . We'd love to hear from you, please enter your comments. It is recommended for novices to set the leverage below 5x. A year later, and they still haven't made this happen. Quantity* Only numbers should be used. On the KuCoin Futures Pro page, go to . The level of maker/taker fees vary based on the trading level and the class of the coin being traded on KuCoin. Keep that in mind before doing margin trading. Leverage Crypto Trading Calculator Futures Calculator Evaluate a position's potential for leveraging. Having a solid range of services and products available, KuCoin is also widely known for its competitive fee structure. Get the Forbes Advisor newsletter for helpful tips, news, product reviews and offers from a name you can trust. BTW I was using APE/USDT for this example. 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. Liq. Overwrite them) 3. ", "While these Review's may be a joke, the Calculator actually works. As mentioned, KuCoin has a 1-12 leveling system. KuCoin is one of the few exchanges where U.S. residents might be able to open up a crypto margin account. 2. How to Buy DigitalBits | Buy XDB in 4 steps (May 2023) Once the sign up is complete, youll have the opportunity to enter your security settings. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts. KuCoins rich feature set and low fees could make it a compelling choice for advanced crypto investors, particularly outside the U.S. Stronger applications get better loan offers. The more people trade on KuCoin.com the more fee's are made. Its fucking nuts. The Seychelles-based crypto exchange launched with an initial coin offering in 2017. 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 Calculator - Calculate Beforehand to Enjoy - Reddit (Each market price format is unique, so please refer to the Price Format Example provided in the information section to ensure the correct calculation). References to exchange-traded futures and options are made on behalf of the FCM Division of SFI. Copyright 2023 MarketWatch, Inc. All rights reserved. While KCS is undoubtedly one advantage of using the KuCoin platform, its still important to note that KCS is itself a volatile crypto and that you are not assured a stablecoin value. Scan this QR code to download the app now. KuCoin Trading Bot How does Kucoin Futures Grid calculate the estimated liquidation price? The Passphrase will not be shown again, so remember to write it down. kucoin staking calculator crypto futures bitcoin futures ethereum futures cardano futures litecoin futures. Im 46 and a single mother. Liquidation price is the price the crypto youre trading will have to go to for you to take a 100% loss on your investment. However, both NEO and GAS are free to withdraw. You can even enter custom values to test out future scenarios! Furthermore, customers who possess KuCoins native utility token are eligible for additional discounts, and by paying your trading fees with KCS, you will be able to receive further reductions. Select your preferred contract type (USDT-Margined or COIN-Margined); 3. Please try again later. Established in 2013, Gate.io has grown in to a reputable trading platform . Not financial advice- but those who stay alive in the crypto leverage game are extremely prudent with their leverage (2x-3x). 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. 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. KCC, the public chain built by KuCoin's community members, will also be a significant infrastructure where resources will be allocated to create a decentralized ecosystem. 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. On the Stilt Blog, I write about the complex topics like finance, immigration, and technology to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more. kucoin staking calculator | BTCC Knowledge KuCoin Shares - KCS Coin Bonus Calculator. Apply online for the loan amount you need. KuCoin Shares (KCS) Calculator - Simulate the Future! KuCoin is an affordable and accessible cryptocurrency exchange that anyone can use to trade. You can also sign-up for KuCoin with a phone number. Privacy Policy. Select the leverages and enter the entry price and contract size. Traders should consider interest before borrowing money. Because of this, I wouldnt recommend using the leverage feature when doing your first dozen or so short trades with KuCoin. Now follow the steps to calculate your own profit: 1. KuCoin Shares - KCS Bonus Calculator | Kucoin Staking Rewards By holding the KCS Token, you do not only receive a nice passive crypto income but you can also benefit from the growth of the platform. 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 . Some of the main figures that set the platform apart from its competitors include more than 8 million registered users globally, over $370 billion in trading volume (USD), and almost 800 million total trades. Spot Trading is the most commonly utilized feature on the platform, and KuCoin does not impose separate fees for takers and makers. How does Kucoin Futures Grid calculate the estimated liquidation price? Choose the appropriate market type, either Bullish (Going Long) or Bearish (Going Short). Select the wallet icon in the top right corner. Are you sure you want to rest your choices? These disclosers are meant to reduce crime and money laundering. Log in to KuCoin. You still might not be able to see your positions on KuCoin futures. The regular maker/taker charges 0.1% on each transaction when Spot Trading. Visit a quote page and your recently viewed tickers will be displayed here. Liq. 1. mmckillen 6 mo. Risk TipsSelecting appropriate leverage is the key to manage position risks and reduce force liquidation possibilities. Open the file with Microsoft Excel or another compatible program and put in your transactions (The file already contains some demo transactions for illustration. "KCSCalc.com Calculates! Select the desired futures market by clicking the drop-down menu. Near the middle of your open position info banner youll see your liquidation price. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. KuCoin is a global cryptocurrency exchange which offers a wide range of trading pairs on many different digital assets. The high-liquidity exchange is well-established, with one out of four crypto holders opting for it. If the crypto hits your liquidation price, the house (KuCoin) wins and you lose your money. Deviations in the execution may occur due to the trading fees, funding fees, etc. Scroll to the bottom of the screen. This might seem complicated, but KuCoins fee structure is pretty reliable and transparent, so customers can easily understand how much their fee will be in every transaction. Purchases conducted on the P2P marketplace will result in charges depending on the payment method and processor rates; thus, potential P2P users should bear this in mind when buying or selling digital assets. If you specify the end time only, the system will automatically calculate the start time as end time minus 24 hours, and vice versa. KuCoin doesnt offer unverified accounts the same fraud and hacking protection as verified accounts. Price 4.455. KuCoins $150 million pre-Series B funding round, led by Jump Crypto and supported by multiple investment funds, including Circle Ventures, IDG Capital, and Matrix Partners, allowed KuCoin to expand its presence in Web3, including crypto wallets, GameFi, DeFi, and NFT platforms through investment arms like KuCoin Labs and KuCoin Ventures. CopyRight 2017 - 2023 KuCoin.com. 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. This is because the loan rates for USD/USDT can swing from positive to negative and vice versa. 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. However, with KCS Pay Fee enabled, these fees will be lowered to 0.08% of the transaction because of the 20% discount.
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