Enter a name (Ex: Coinpanda) and the API Passphrase field. However, both NEO and GAS are free to withdraw. Open the file with Microsoft Excel or another compatible program and put in your transactions (The file already contains some demo transactions for illustration. References to exchange-traded futures and options are made on behalf of the FCM Division of SFI. This unofficial subreddit is set to discuss the newly launched KuCoin Trading bot. Simply go to the KuCoin website, click the sign-up button and enter your email. 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. Get the latest news and insights from the crypto world. You buy $100 worth of Bitcoin at 5x leverage. Youll be able to enjoy your current level for the next 24 hours. 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.". 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 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. Trading fee token: KuCoin can also use the token youre trading as the fee itself, removing the need for external fee payment. 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. These expenses are mostly the result of network fees levied by various cryptocurrencies, as the numerous cryptos available on this site determine the withdrawal charges. The high-liquidity exchange is well-established, with one out of four crypto holders opting for it. Understanding KuCoin Fees: Final Thoughts, How to Transfer From Coinbase to Coinbase Pro. Choose your position: Buy/Long or Sell/Short. 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. If your application meets the eligibility criteria, the lender will contact you with regard to your application. To trade more efficiently, you need to have a good handle on your chosen platforms fees. All rights reserved. Now follow the steps to calculate your own profit: 1. Some lenders send a promissory note with your loan offer. 2. . For more information on the platform and its primary products, read our extensive KuCoin review. 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. Maker: You will incur a Maker Fee if you activated the Post Only option in a limit order. Choose position direction: Buy/Long or Sell/Short. with 5x leverage, the bot says Est. We do all the Calculations in the web browser! 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. A limit order to buy "CELRUSDTM" with param size = 1 results in an order placed to buy 10 CELR. 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. Click Start calculation to get the result of your expected Close Price. Members are invited to test, discuss, and give feedback about this trading bot, welcome aboard. Select the desired futures market by clicking the drop-down menu. with 2x leverage, the bot says Est. You can also use another token as a fee. 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. The sum of weighted values across all or some of these key factors was calculated for each ranking to award each brokerage or exchange its overall rank. Please check the trading page for the precise trading charge rates. Interest rates and term lengths vary by coin. 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). 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 regular fee in this level is only 0.07% for the taker fee. Although touted as one of the most affordable exchanges in the market, KuCoin does still have fees. Leverage Crypto Trading Calculator Futures Calculator Evaluate a position's potential for leveraging. This does not give us access to your private keys or the ability to move your funds. The new payment method allows customers from the 36 SEPA member states to deposit EUR into their account and utilize it to acquire cryptocurrency assets using KuCoins Fast Buy option. (Desktop) go to your trading screen on KuCoin futures. 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. Margin trading, platform lending, and advanced trading were not considered for choosing the best crypto exchanges for beginners. Your level changes every day depending on your 30-day average trading volume and KCS holdings. 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. Coinpanda has direct integration with KuCoin Futures to simplify tracking your trades and tax reporting. From the drop down menu, select main account. 3. 3. In short, the more you trade and the more KCS you hold within the day, the lower your fees will be. 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. AMC CEO slams Robinhood over alert wrongly claiming theater chain had filed for bankruptcy, How the debt-ceiling crisis could affect your investment portfolio. The MarketWatch News Department was not involved in the creation of this content. This doesnt mean leverage cant wreck you, though. It's the ultimate Bitcoin calculator. Price 17.9. Liq. In general, trading costs on cryptocurrency exchanges are often varied for market makers and market takers. Every 8 hours, the Futures funding occurs at 04:00, 12:00, and 20:00 UTC. By way of explanation, the USD/USDT loan rate, which adjusts for comparable financing rates, can be either positive or negative. At this level, accounts have a daily withdrawal limit of 3,000 BTC. KCS Coins are currently available on at Kucoin, KuCoin.com Because KuCoin is buggy AF. KuCoin is buggy as fuck- and its frustrating when this happens. Overwrite them) 3. Its inclusion in the Hurun Global Unicorn List 2023 is a significant achievement for the company, and it is poised to continue its upward trajectory in the crypto market. In KuCoin, different roles incur different trading fees. . Read our KuCoin Review or visit KuCoin. WARNING: The content on this site should not be considered investment advice. The loan rate gap between the base currency and the quote currency of the perpetual Futures funding rate will change from 0.03% to 0% due to this modification, which implies the funding cost of the KuCoin perpetual Futures will become 0% during normal times. This flat base fee doesnt matter even if the coins gain and lose value. The more people trade on KuCoin.com the more fee's are made. KuCoin $500 Bonus + Fee Discount (Referral Code QBSSS9X9)https://www.kucoin.com/r/af/QBSSS9X9 KuCoin Spot Trading Tutorial for Beginnershttps://youtu.be. KuCoin also allows users to lend their crypto holdings to other would-be margin traders. At risk of beginning to pull back. Some CDs are now paying 5% or more, but pros say dont count on that lasting. Log in to KuCoin. Big Traders pay less fees, so we use 0.09% as the average. ", "Kucoin Share Calculator's (KCSCalc.com) owner can do over 100 Push Ups, so he must make a good website! Thanks & Welcome to the Forbes Advisor Community! Learn the most important aspects of leverage trading for cryptocurrency, including tips and risks, as well as alternatives. Theres a 24-hour withdrawal limit, with amount limits also varying depending on the level. On the mobile app, click the futures(100x) button on the bottom right. Established in September of 2017 by Micheal Gan and Eric Don, the exchange is currently surging in popularity because of its excellent features. 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. Click & Calculate. ago. CopyRight 2017 - 2023 KuCoin.com. 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. The regular maker/taker charges 0.1% on each transaction when Spot Trading. For example, if I create a long futures grid with price range 20 - 40 USDT, with 100 orders, and investment 200.00 USDT. KuCoins trading fees are very competitive. Complete Beginners Guide, Best Cryptocurrency Exchanges Top 7 Picks, Must-read Crypto Wallets Guide for Beginners, How to Mint & Sell NFTs? This recognition is not only a milestone for KuCoin but also an affirmation of our vision that everyone will one day be with crypto. Choose your position: Buy/Long or Sell/Short. On the KuCoin.com Website, click here to view your fee share bonus. with 2x leverage, the bot says Est. Basic trading features count as one factor in the overall and beginner rankings. For trading, a Class A coin and the basic level of Level 0 (LV0), the maker/taker range is 0.1%/0.1%, respectively. From there, look right and you'll see two icons, one that looks like a calculator, and the one that has a hexagon shape. This press release features multimedia. VICTORIA, Seychelles, (BUSINESS WIRE) -- If you lever up to 100x, the price only needs to drop 1% for you to get wrecked. Something went wrong. This incurs the same base fee of 0.1% as spot trading rates. 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. KuCoin Futuress calculator can show you the potential liquidation price according to parameters of buy/long position, leverages, entry price and contract size pre-set by the trader, and you can easily manage your own risk by setting your close position well before the margin call. 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. If you go 2x leverage, 2*100= 50% If you go 5x leverage, 5*100= 20% If you go 20x leverage, 20*100= 5% If you go 50x leverage, 50*100= 2% 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. 1. Does KuCoin provide an end of year statement? No, you wont owe money. After signing in, you may check your trading fee level and current fee by clicking the Fee button on KuCoins official website. 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. Class C is filled with cryptos like BURP and HIPUNKS, cryptos with less than $1 million in market cap. Underneath liquidation price, youll see the price at which your trades will go Lehman Brothers on you (go to zero). Spot trading is the most-used feature on the platform. Trade Futures, Spreads and Options with Confidence. Calculate hypothetical profit & loss (PnL), return on equity (ROE), and liquidation price before placing any orders on crypto futures trades. Price 4.226. Price 4.455. It uses a level-based pay structure, where those in the higher tiers gain lower trading fees when they buy and sell coins. For example, when you withdraw BTC from KuCoin, you will be charged a fee of 0.0005 BTC, which is somewhat less than the current global industry average of 0.00064 BTC, according to Crypto Wissers report. 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. It is currently partnered with Singapore-based digital asset custodian Onchain Custodian to store and secure all its crypto assets. 11 days later, and they still haven't made this happen. Use our, Jan=F, Feb=G, Mar=H, Apr=J, May=K, Jun=M, Jul=N, Aug=Q, Sep=U, Oct=V, Nov=X, Dec=Z. IF A MARKET REACHED ITS DAILY PRICE FLUCTUATION LIMIT, A "LIMIT MOVE", IT MAY BE IMPOSSIBLE TO EXECUTE A STOP LOSS ORDER. 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 . How is this possible and how are these liq prices calculated? We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Beginners Guide, How to Stake Cryptocurrency? Not financial advice- but remember that leverage is insanity. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 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. In the top middle of your open position data youll see the liquidation price. You can see how to connect KuCoin futures with crypto tax software here. Youll see the positions menu. The more people trade on KuCoin.com the more fee's are made. The loan then gets disbursed into your U.S. bank account within a reasonable number of days (some lenders will be as quick as 2-3 business days). Liquidation price is the price the crypto youre trading will have to go to for you to take a 100% loss on your investment. Price 17.9. In this section, we will list some examples of the actual fees that customers can enjoy based on their level. Leverage* Only numbers should be used. Liq. With the KCS Pay Fee feature enabled, this fee will further be driven down to 0.056%. This is because the loan rates for USD/USDT can swing from positive to negative and vice versa. Almost all of the stolen assets were recovered, and KuCoin compensated for the missing assets through its insurance. Share/Bookmark KCSCalc.com's Result with this Link: Daily Trading Volume: (Millions of Dollars), Trading Fee (Average) of what COSS Charges Users. TL;DR- (Mobile) Ive found the easiest way to view this is by downloading the KuCoin app on your iPhone/Android device. This is not investing advice and is a third party unpaid fan-website. Takers, meanwhile, reduce liquidity by filling existing maker orders. The only downside is I'm out a few hundred for all this crypto tax software along with turbotax on top of it. Select history (deposit & withdrawal). 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! 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. All Rights Reserved. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts. Fees 1. Submit the required documentation and provide your best possible application. The editorial team then developed a standardized methodology, analyzing 10 key benchmark features and variables to assess quality across the platforms. On the mobile app, click the futures (100x) button on the bottom right. Upload this file here to start your import This includes accounts with 40,000 KCS holdings or a 30-day average trading volume equivalent to 4,000 BTC. ago. KuCoin is a Singapore-based cryptocurrency exchange that is known for having one of the largest selections of cryptocurrencies and trading pairs. kucoin staking calculator crypto futures bitcoin futures ethereum futures cardano futures litecoin futures. Heres a summary of how your trading fees are affected, whether youre a market maker or a market taker. Calculate your taxes and generate all required tax reports and forms easily. Nevertheless, these are still relatively low compared to industry averages. Fees for a specific coin might also change regularly depending on network usage. The Coinpanda mobile app for iOS and Android is scheduled for release in May , It is important to be aware that the Realized P&L imported from the API is the, https://www.kucoin.com/assets/futures-account/trade-history, Hover over the user icon in the top-right corner and click API Management. This should cover your entire transaction history on KuCoin, so you may need multiple CSV files. 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. The exchange even utilizes a couple of innovative security solutions to enhance their security further, such as trading passwords and the KuCoin Safeguard Program. Simply go to the KuCoin website, click the sign-up button and enter your email. Gate.io. We will consider the costs incurred while using KuCoins most popular products, so you know what is expected from the platform in terms of pricing. Traders should consider interest before borrowing money. It is recommended for novices to set the leverage below 5x. Its one of the few platforms where U.S. users can access a margin account for trading crypto, and it offers a 20% discount on trading fees when using its token, KuCoin Token (KCS). 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. 2. Calculate your taxes in less than 15 minutes. Moreover, the Kucoin trading price is straightforward and transparent, making it easy for customers to understand. 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. Like most crypto exchanges, KuCoin has a maker/taker fee structure, meaning you pay different fees depending on whether your order is considered a maker or a taker. Moreover, a Special VIP for Whales is available if your total assets exceed one million USDT, you will be eligible for the LV5 fee rate (maker 0%) and other benefits. The daily bonus is defined as 50% of exchange fee's are split with KCS coin owners (If $10 is Paid in Fee's then the Coin owners share $5 of the Fee's) You also get a 1% trade discount for every 1,000 KCS Coins you own. Now follow the steps to calculate your own liquidation price. 3. BTW I was using APE/USDT for this example. Youre brought to the futures trade screen. 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. This means KuCoin put up an extra $400 for me to buy $500 worth of Bitcoin in total. KuCoins fee system will be further explained in the section below. All ratings are determined solely by our editorial team. Price 4.455. 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. Due to this, separate transactions for each funding payment and closed positions may not be imported, but the net gain/loss (wallet balance change) will still be 100% accurate. On the KuCoin platform, there are variable costs when financing futures contracts. Import trades automatically and download all tax forms & documents for KuCoin Futures easily. KuCoin partnered with Singapore-based crypto asset security platform, Onchain Custodian, which maintains custody of KuCoins crypto assets. If you leverage heavily on a long, the crypto only needs to move down a small amount for you to lose everything you put in. KuCoin is a trader-friendly exchange that features accessible trading fees and an extensive list of available cryptocurrencies. 1. Find the next crypto gem on www.kucoin.com, People's Exchange. Theres $128,000 on the mortgage. 2. This level includes all accounts without any KCS or a 30-day average trading volume less than the equivalent of 50 BTC. Liq. 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). While the loans are collateralized and the recipient must maintain a certain balance, price dips may cause unexpected losses, and the platform notes in the terms that KuCoin is not guaranteed to fully cover any losses. KuCoin offers its own coin, KuCoin Token (KCS), an ERC-20 token that runs on the Ethereum network. Nevertheless, its withdrawal fees remain to be one of the lowest in the market. 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. KuCoin is continuously expanding its services and offerings to meet the needs of its customers. For whatever reason cointracker don't support Kucoin Futures API so I used coinpanda to handle just that portion of it. 2. 4. Sign and return that note if you wish to accept the loan offer. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. Select the leverage and input the Entry Price and ROE. How does Kucoin Futures Grid calculate the estimated liquidation price? No, KuCoin does not provide an EOFY . 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. with 3x leverage, the bot says Est. For more information, please see our 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. Very few coins are listed on Class Cand the ones that are listed youve probably never heard of. 2. How to connect KuCoin Futures to Koinly via API On KuCoin Futures Crypto lending is not, of course, without its risks. Its like the dealer getting blackjack. It supports users to calculate Potential Profits, Liquidation Price, and Close Price before placing any orders, so as to better help users to make a wise investment strategy. 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). KuCoinShares.com is a community created website which features a KuCoin Bonus Calculator to calculate the KCS Bonus you receive from holding KuCoin Shares. KuCoin is a trader-friendly exchange that features accessible trading fees and an extensive list of available cryptocurrencies. Now follow the steps to calculate your own close price: 2. You can also sign-up for KuCoin with a phone number. Select the crypto you'd like to short/sell or buy/long. Try downloading the KuCoin mobile app and checking it there if you havent done so. Deposit $100 and get a $10 bonus! This can quickly drain your earnings, especially if youre just a beginner trader. The greater your trading fee level, the lower your trading charge; a negative fee rate is even feasible. In the futures account box, click the trade icon. Risk Tips: The results from KuCoin Futures Calculator are for reference only. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Save the file as a XLS or XLSX file 4. For starters, users who are based in the U.S. cannot complete standard financial industry Know Your Customer (KYC) disclosures on KuCoin. 1. 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. You might be using an unsupported or outdated browser. Must be a positive number". If you get wiped out, youre out of luck! This website is free for you to use but we may receive commission from the companies we feature on this site. If you have any questions, send us an email at [emailprotected]. Aside from that, KuCoin cares greatly about the security of its users. Select the leverage and input the entry price, close price, and size (amount). It is often the first to offer buying opportunities for new tokens. If this isnt working, try accessing KuCoin through another medium/browser. 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. If the crypto hits your liquidation price, the house (KuCoin) wins and you lose your money. This leads to many risks, not the least of which is the inability for U.S.-based customers to complete KYC verification.
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