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. Calculate hypothetical profit & loss (PnL), return on equity (ROE), and liquidation price before placing any orders on crypto futures trades. Once the sign up is complete, youll have the opportunity to enter your security settings. Once your security settings are complete, youre ready to start trading crypto. Leverage Crypto Trading Calculator Futures Calculator Evaluate a position's potential for leveraging. This level includes all accounts without any KCS or a 30-day average trading volume less than the equivalent of 50 BTC. You can also use another token as a fee. 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. 1. Scroll down- youll see your open positions. 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). If the price of Bitcoin drops 20%, youre wiped out and your holdings go to zero. How is this possible and how is this calculated? Commissions do not affect our editors' opinions or evaluations. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Koinly will calculate your KuCoin Futures taxes based on your location AND generate your EOFY tax report, all within 20 minutes! This involves taking on significant risk, no matter what trading platform you choose. This recognition is not only a milestone for KuCoin but also an affirmation of our vision that everyone will one day be with crypto. 5. KuCoin is a Singapore-based cryptocurrency exchange that is known for having one of the largest selections of cryptocurrencies and trading pairs. Does KuCoin provide an end of year statement? Select history (deposit & withdrawal). StoneX Financial Inc. (SFI) is a member of FINRA/NFA/SIPC and registered with the MSRB. Select the desired futures market by clicking the drop-down menu. Click & Calculate. Click Start calculation to get the result of the Cost, Profits and ROE. So we never know your balance, unlike other websites. (US Only). 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. KuCoin charges only a flat fee of 0.1% for each spot trade, significantly lower than the industry average. Also, the platform has its own native token, KuCoin Shares (KCS). Now follow the steps to calculate your own profit: 1. The high-liquidity exchange is well-established, with one out of four crypto holders opting for it. For example, KuCoin can use the USDT/KCS token as a fee when youre trading the BTC/USDT token. WARNING: The content on this site should not be considered investment advice. 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). Simply go to the KuCoin website, click the sign-up button and enter your email. Import trades automatically and download all tax forms & documents for KuCoin Futures easily. Overwrite them) 3. Theres a 24-hour withdrawal limit, with amount limits also varying depending on the level. KuCoin, a top five global crypto exchange, has ranked as a top 50 company in the 2023 Hurun Global Unicorn List, representing one of only just two Unicorn crypto companies on the list followed by Binance. Spot trading is the most-used feature on the platform. 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. This does not give us access to your private keys or the ability to move your funds. Under the deposit history tab, select export to CSV. how to calculate liquidation for futures bot, Scan this QR code to download the app now. Now you need to set up your repayment method. However, you also need to remember that this type of trading charges interest rates. You are advised to perform an independent investigation of any transaction to determine whether any transaction is suitable for you. 2. 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. WebTo calculate your expected rewards, you need to know the asset's current market value, the staking duration, and the annual interest rate. At this level, accounts have a daily withdrawal limit of 3,000 BTC. 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. Copyright 2023 FINODES LLC. Submit the required documentation and provide your best possible application. Improved security as there is no third-party involvement. 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. How to Use the KuCoin Futures Calculator? Trade Size (USD) Total Fee (USD) What is KuCoin? On the mobile app, click the futures(100x) button on the bottom right. Contact the source provider Comtex at editorial@comtex.com. ago. On the KuCoin Futures Pro page, go to . ago. The StoneX Group Inc. group of companies provides financial services worldwide through its subsidiaries, including physical commodities, securities, exchange-traded and over-the-counter derivatives, risk management, global payments and foreign exchange products in accordance with applicable law in the jurisdictions where services are provided. To calculate your taxes accurately, you must import all transactions from KuCoin Futures to Coinpanda. Margin trading, platform lending, and advanced trading were not considered for choosing the best crypto exchanges for beginners. Alternatively, another way to scale down fee charges is to keep KCS tokens for at least 30 days. And, this exchange is steadily growing with a large selection of coins like the competitor Cryptopia Shares. Read our KuCoin Review or visit KuCoin. If you Donate with a Message, it might be posted here!". 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% The greater your trading fee level, the lower your trading charge; a negative fee rate is even feasible. Past performance is not indicative of future results. Login to your KuCoin account. with 3x leverage, the bot says Est. KuCoin is a trader-friendly exchange that features accessible trading fees and an extensive list of available cryptocurrencies. Quantity* Only numbers should be used. ", "Kucoin Share Calculator's (KCSCalc.com) owner can do over 100 Push Ups, so he must make a good website! 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. Learn the most important aspects of leverage trading for cryptocurrency, including tips and risks, as well as alternatives. This flat base fee doesnt matter even if the coins gain and lose value. You still might not be able to see your positions on KuCoin futures. As mentioned, KuCoin has some of the lowest trading fees, even among top exchanges. For the pictures youre seeing in this article, I placed a 5x long trade on Bitcoin here with $100. If you lose 50%, 75%, or even 90% of your trade, you can always come back from it. (Desktop) go to your trading screen on KuCoin futures. DISCLAIMER: Crypto Chronicle exists to thought provoke and learn from the community. In 2020, KuCoin suffered a major hack, with more than $280 million in assets stolen. KuCoin is a trader-friendly exchange that features accessible trading fees and an extensive list of available cryptocurrencies. 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. 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. Makers create liquidity on an exchange by providing new open orders to be filled by others. Or, the ultimate crypto calculator with thousands of cryptocurrencies to choose from! If the crypto hits your liquidation price, the house (KuCoin) wins and you lose your money. 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. Pick a time frame (maximum 100 days). Maker/Taker: Market Takers and Makers will have different fees. (Desktop) go to your trading screen on KuCoin futures. If you still cant see your futures positions. It is recommended for novices to set the leverage below 5x. IF A MARKET REACHED ITS DAILY PRICE FLUCTUATION LIMIT, A "LIMIT MOVE", IT MAY BE IMPOSSIBLE TO EXECUTE A STOP LOSS ORDER. Information provided on Forbes Advisor is for educational purposes only. Should I empty my 401(k) to pay off my house? The platform also implements industry-standard security features such as the KYC process and two-factor authentication. If you lever up to 100x, the price only needs to drop 1% for you to get wrecked. Price 4.226. Save the file as a XLS or XLSX file 4. If you are considering applying for a personal loan, just follow these 3 simple steps. Your decisions are yours alone and we are in no way responsible for your actions. Click Start calculation to get the result of your expected Close Price. Opening a KuCoin account is very easy. It is currently partnered with Singapore-based digital asset custodian Onchain Custodian to store and secure all its crypto assets. Every 8 hours, the Futures funding occurs at 04:00, 12:00, and 20:00 UTC.
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