Also, the platform has its own native token, KuCoin Shares (KCS). The more people trade on KuCoin.com the more fee's are made. The platform also implements industry-standard security features such as the KYC process and two-factor authentication. KuCoin will send you a verification code that you can then input to set up your password. 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. The platform offers standard security measures, including identity verification, trading passwords and anti-phishing phrases. Reward amounts will be determined based on the type and relevance of the information provided. There are set requirements for every level, and you need to meet them at 00:00 AM (UTC+8) to qualify for a level. 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. This should cover your entire transaction history on KuCoin, so you may need multiple CSV files. 10,000 transactions/sec Environmental sustainability . Now follow the steps to calculate your own profit: 1. Theres also a futures/liquidation calculator on the KuCoin futures trading screen. It uses a level-based pay structure, where those in the higher tiers gain lower trading fees when they buy and sell coins. KuCoin is buggy as fuck- and its frustrating when this happens. Under the deposit history tab, select export to CSV. How to Use the KuCoin Futures Calculator? Done! Price 4.455. Heres a summary of how your trading fees are affected, whether youre a market maker or a market taker. ago. 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. If this isnt working, try accessing KuCoin through another medium/browser. 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. Established in September of 2017 by Micheal Gan and Eric Don, the exchange is currently surging in popularity because of its excellent features. KuCoin offers some of the lowest rates among major cryptocurrency exchanges, whereas the fee structure is open, straightforward, and simple to comprehend. 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, . 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. The Futures calculator can calculate the close price based on your expected entry price, ROE, and leverages. For trading, a Class A coin and the basic level of Level 0 (LV0), the maker/taker range is 0.1%/0.1%, respectively. 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. The discount can be up to 20%. Established in 2013, Gate.io has grown in to a reputable trading platform . On the mobile app, click the futures (100x) button on the bottom right. Stronger applications get better loan offers. Click assets in the top right. We'd love to hear from you, please enter your comments. The level of maker/taker fees vary based on the trading level and the class of the coin being traded on KuCoin. In this guide, we will concentrate on KuCoin fees. They can slash fees even further if they pay with KCS. Understanding KuCoin Fees: Final Thoughts, How to Transfer From Coinbase to Coinbase Pro. 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. On the KuCoin platform, there are variable costs when financing futures contracts. 1. All ratings are determined solely by our editorial team. 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. Big Traders pay less fees, so we use 0.09% as the average. 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! 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. For example.. KuCoin is a trader-friendly exchange that features accessible trading fees and an extensive list of available cryptocurrencies. It also features an excellent interface for trading and multiple ways to earn money by futures, margin, and peer-to-peer trading. Your financial situation is unique and the products and services we review may not be right for your circumstances. 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. 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. Simply click the Fee button on your interface after logging in. Submit the required documentation and provide your best possible application. The Forbes Advisor editorial team is independent and objective. (US Only). 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. If your application meets the eligibility criteria, the lender will contact you with regard to your application. With KCS Pay Fee enabled, the taker fee is further driven down to the platforms lowest at 0.02%. Use our Futures Calculator to quickly establish your potential profit or loss on a futures trade. Click the calculator icon in the upper right corner of the Place Order section. 3. If you still cant see your futures positions. We do all the Calculations in the web browser! Try downloading the KuCoin mobile app and checking it there if you havent done so. Makers create liquidity on an exchange by providing new open orders to be filled by others. This can quickly drain your earnings, especially if youre just a beginner trader. 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. 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. Please see our. How does Kucoin Futures Grid calculate the estimated liquidation price? For example, if I create a long futures grid with price range 20 - 40 USDT, with 100 orders, and investment 200.00 USDT. Spot trading is the most-used feature on 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. KuCoins fee system will be further explained in the section below. 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. However, you also need to remember that this type of trading charges interest rates. KuCoin is a global cryptocurrency exchange which offers a wide range of trading pairs on many different digital assets. "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. All Rights Reserved. Risk Tips: The results from KuCoin Futures Calculator are for reference only. A limit order to buy "CELRUSDTM" with param size = 1 results in an order placed to buy 10 CELR. Copyright 2023 FINODES LLC. . If you lose 50%, 75%, or even 90% of your trade, you can always come back from it. You can also use another token as a fee. Service. Exchange Calcs 2017. Simply go to the KuCoin website, click the sign-up button and enter your email. If youre using KuCoin on Google Chrome, try it with Safari or Brave. Founded as the peoples exchange, KuCoin ranks among the worlds top 10 largest crypto exchanges by volume, according to CoinMarketCap.com. Since withdrawal fees are linked to network fees, you will find that in most instances, KuCoins withdrawal fees mirror those of Binance. Because of its accessibility and commitment to security, KuCoin has become one of the largest cryptocurrency exchanges, with about one in four traders using its interface. This recognition is not only a milestone for KuCoin but also an affirmation of our vision that everyone will one day be with crypto. KuCoin Trading Bot How does Kucoin Futures Grid calculate the estimated liquidation price? Youre brought to the futures trade screen. On the top bar of the KuCoin homepage, select the derivatives drop-down and choose Futures Pro. Share/Bookmark KCSCalc.com's Result with this Link: Daily Trading Volume: (Millions of Dollars), Trading Fee (Average) of what COSS Charges Users. 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. Simply buy KuCoin Shares (KCS) and hold them for a day! KuCoin is a trader-friendly exchange that features accessible trading fees and an extensive list of available cryptocurrencies. This compensation comes from two main sources. 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. 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. 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. 1. 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. The fee depends on the specific coin, so be sure to check these before you make your purchase if you plan to transfer your coins to another wallet or exchange. Price 4.226. If you specify the end time only, the system will automatically calculate the start time as end time minus 24 hours, and vice versa. Here you can enter your leverage, long or short (buy/sell), and price- KuCoin will show you what your prospective liquidation price is. You might be using an unsupported or outdated browser. 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. Forbes also named KuCoin one of the Best Crypto Exchanges in 2023. 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. It is often the first to offer buying opportunities for new tokens. Click Start calculation to get the result of the Cost, Profits and ROE. This flat base fee doesnt matter even if the coins gain and lose value. Find the next crypto gem on www.kucoin.com, People's Exchange. The high-liquidity exchange is well-established, with one out of four crypto holders opting for it. No, KuCoin does not provide an EOFY . Nevertheless, its withdrawal fees remain to be one of the lowest in the market. The editorial team then developed a standardized methodology, analyzing 10 key benchmark features and variables to assess quality across the platforms. Now follow the steps to calculate your own close price: 2. Ive found a few fixes that work (but now always): Note: using leverage in crypto is the definition of insanity. Aside from that, KuCoin cares greatly about the security of its users. After signing in, you may check your trading fee level and current fee by clicking the Fee button on KuCoins official website. Some lenders send a promissory note with your loan offer. Takers, meanwhile, reduce liquidity by filling existing maker orders. KuCoin Fees Im 46 and a single mother. Other ranking factors include platform availability, customer service, educational resources, security and storage, staking and rewards, to name a few. Trade Futures, Spreads and Options with Confidence. (Desktop) go to your trading screen on KuCoin futures. Entry Price* Only numbers should be used. This does not give us access to your private keys or the ability to move your funds. Improved security as there is no third-party involvement. Log in to KuCoin. DISCLAIMER: Crypto Chronicle exists to thought provoke and learn from the community. It is recommended for novices to set the leverage below 5x. Stay on the righteous path and think long and hard before making any financial transaction! Select No for IP Restriction and then Permanent in the dropdown below, Click Next, then enter your trading password, verification code, and 2FA code, Click the link in the email to activate the API keys, Copy the API Key, API Secret, and Passphrase created earlier to Coinpanda, Hover over the orders icon in the top-right corner and click Futures Trade History, Select adate range this should cover your entire trading history on KuCoin Futures. KuCoin Futures features changeable financing costs for Futures contracts. Taker: Being a Taker in specific kinds of orders (market, hidden, or iceberg) will incur a taker fee. For starters, users who are based in the U.S. cannot complete standard financial industry Know Your Customer (KYC) disclosures on KuCoin. The Passphrase will not be shown again, so remember to write it down. If you Donate with a Message, it might be posted here!". Your personal information will be kept confidential. To add your KuCoin Futures account to Coinpanda, follow these steps: It is important to be aware that the Realized P&L imported from the API is the total amount of Realized P&L of closed positions *and* funding costs and trading fees within the last 8 hours. IF A MARKET REACHED ITS DAILY PRICE FLUCTUATION LIMIT, A "LIMIT MOVE", IT MAY BE IMPOSSIBLE TO EXECUTE A STOP LOSS ORDER. Price 17.9. The Kucoin Share (KCS) Coin was sold to supporters of KuCoin, giving them a Share in the profit. SFI does business as Daniels Trading/Top Third/Futures Online. Click the Calculate button to determine your specific profit or loss in ticks/points and USD$. with 2x leverage, the bot says Est. Contact the source provider Comtex at editorial@comtex.com. This incurs the same base fee of 0.1% as spot trading rates. AMC CEO slams Robinhood over alert wrongly claiming theater chain had filed for bankruptcy, How the debt-ceiling crisis could affect your investment portfolio. Provide any additional information if required. You might think that only the highest-level traders might avail of the low fees that KuCoin is boasting about. Liq. The only downside is I'm out a few hundred for all this crypto tax software along with turbotax on top of it. 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. with 2x leverage, the bot says Est. From the drop down menu, select main account. This includes accounts with 40,000 KCS holdings or a 30-day average trading volume equivalent to 4,000 BTC. The greater your trading fee level, the lower your trading charge; a negative fee rate is even feasible. 1. This means KuCoin put up an extra $400 for me to buy $500 worth of Bitcoin in total. Traders should consider interest before borrowing money. KuCoin charges only a flat fee of 0.1% for each spot trade, significantly lower than the industry average. Some exchanges charge very expensive fees. Once your security settings are complete, youre ready to start trading crypto. In general, trading costs on cryptocurrency exchanges are often varied for market makers and market takers. Crypto exchanges are also frequently targeted by hackers. VICTORIA, Seychelles, (BUSINESS WIRE) -- Gate.io. Calculate hypothetical profit & loss (PnL), return on equity (ROE), and liquidation price before placing any orders on crypto futures trades. For example, if I create a long futures grid with price range 20 - 40 USDT, with 100 orders, and investment 200.00 USDT. 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. Having the ability to complete KYC verification would open up the full realm of KuCoins offerings to customers based in the U.S. Maker: You will incur a Maker Fee if you activated the Post Only option in a limit order. Click Start calculation to get the result of the Liquidation Price. Thanks & Welcome to the Forbes Advisor Community! However, with KCS Pay Fee enabled, these fees will be lowered to 0.08% of the transaction because of the 20% discount. It's the ultimate Bitcoin calculator. KCS Coins are currently available on at Kucoin, KuCoin.com Alternatively, another way to scale down fee charges is to keep KCS tokens for at least 30 days. This does not mean you cannot use KuCoin in the U.S., although it does make this platform complicated and risky. Overwrite them) 3. Deposit $100 and get a $10 bonus! 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. The 2023 Hurun Global Unicorn List features the world's most successful private start-ups founded in the 2000s worth at least $1 billion. Scroll down and you'll see your open positions. Near the middle of your open position info banner youll see your liquidation price. 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. Calculate your taxes and generate all required tax reports and forms easily. 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. For more information, please see our ", "While these Review's may be a joke, the Calculator actually works. In 2020, KuCoin suffered a major hack, with more than $280 million in assets stolen. Outside of the U.S., KuCoin also has similar limitations. Its fucking nuts. In addition, those assets are backed by Lockton, a private insurance brokerage. Kucoin.com is a Cryptocurrency exchange, started in 2017. To trade more efficiently, you need to have a good handle on your chosen platforms fees. Opening a KuCoin account is very easy. KuCoin Calculator: Calculate Your Fees on KuCoin KuCoin Calculator Use the free KuCoin calculator to work out your fees on the KuCoin cryptocurrency exchange. Use of this site constitutes acceptance of our Terms of Service. 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). Select the leverage and input the entry price, close price, and size (amount). Now follow the steps to calculate your own profit: 1. You can check your trading fee level when you log in to your KuCoin account. 5. 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. Why? 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. On the mobile app, click the futures(100x) button on the bottom right. KuCoin is a secure cryptocurrency exchange that makes it easier to buy, sell, and store cryptocurrencies like BTC, ETH, KCS, SHIB, DOGE, etc. Rewards will be provided to users who inform us of the above. Should you have any further questions, please contact support: Sign up for free.