The admiration for crypto-based futures products has grown exponentially over the last five years. As a result, there is now a wide range of traditional and crypto-native platforms where you can begin trading crypto futures. Still, not all of them favor investors and traders.
That is why Kucoin Futures was created and designed to help newbies, advanced traders, and investors to magnify their profits. So how can you magnify your profits with KUCOIN Futures? Read on to find out. But, first, what is Kucoin?
KuCoin is a well-known name in the cryptocurrency industry, having established itself as a prominent one-stop-shop for all cryptocurrency operations; hence it’s called “People’s Exchange.”
Since its inception in August 2017, the exchange has grown to include over 700+ assets and 1200+ trading pairs, making it one of the most vibrant crypto hubs online.
According to CoinMarketCap and CoinGecko, KuCoin is a top 5 crypto exchange, and this is because it provides bank-level security, a slick interface, a user-friendly UX, and a wide range of crypto services.
This includes trading, a built-in P2P exchange, the ability to buy any cryptocurrency with either a credit or debit card, instant-exchange services, the capability to earn cryptocurrency by lending or staking via its Pool-X, the ability to participate in new initial exchange offerings (IEOs) via KuCoin Spotlight, some of the market’s lowest fees, and much more.
Kucoin is built for investors, and they like it because it lists small-cap cryptocurrencies with tremendous upside potential, has a large selection of coins, lesser-known cryptos, and generous profit-sharing incentives.
For example, several crypto gems like BLOK, CHMB, VR, KMA, and DAO had their primary listing on KuCoin. And up to 90% of trading fees are returned to the KuCoin community via its KuCoin Shares (KCS) tokens.
About KuCoin Futures And How You Can Magnify Profits With Them
KuCoin Futures is a trading platform for financial derivatives created by the KuCoin team. Futures trading, also known as contract trading, involves purchasing and selling standardized Futures contracts.
Trading in Futures allows you to participate in market movement and profit by going long or short with a Futures contract while leveraging your gains. For example, a trader could be long on a Futures contract if they believe the price will rise in the future or short on a Futures contract if they believe the price will fall in the future.
Kucoin Futures Contracts have what they call delivery contracts and perpetual contracts. The delivery contract is similar to a traditional Futures Contract which is an agreement to buy or sell a specific commodity or asset at a predetermined price at a future time (referred to as the delivery date). While the perpetual contract doesn’t have expiration dates, they are permanent and can be traded anytime.
Kucoin offers both USDT-Margined and Coin-Margined contracts. The USDT-Margined contract uses USDT to enter any contract position; you can perform a transaction with multiple mainstream currencies and use it for trading and settlements.
While a Coin-Margined Contract makes use of cryptos like BTC and ETH to enter a contract position, so for a BTC-Margined contract, you use BTC as an underlying asset to trade, same with an ETH-Margined contract.
You don't need to be an expert to trade Kucoin Futures; that’s why they release the Kucoin Lite version and Future Brawl for newbies and beginners. The Kucoin Lite version has entertaining products that you can trade with and an easy-to-use interface.
While the Kucoin Future Brawl helps you get acquainted with Future trading, it’s as if you are playing a game with future trading.
Now, how can you magnify profits with Kucoin Futures Trading? These are the following ways you can do so.
- Up to 100X Leverage: The leverage Kucoin provides means that you don’t need to have significant funds in your account to make a profit massively. With little funds in your account, you can make money. The 100X leverage that Kucoin provides means that with $30 in your account, you can enter a contract of up to $3000.
- Catered for all investors: Kucoin supports multiple assets and instruments suitable to any class of investors. In addition, they currently have over 100 different coins and tokens, making investors enjoy their platform for trading.
- Easy-to-use: Kucoin interface is for both professionals and novices; that’s why they went further to develop the Lite version and Brawl to assist newbies in trading like professionals.
- Robust and secure system: Kucoin also provides a robust and secure trading system; this robust system help to avoid unusual liquidation.
Having seen how you can magnify your profit with Kucoin Futures, how can you get started trading Kucoin Futures today?
How to Trade on KuCoin Futures?
To get started trading Kucoin Futures, you just need to follow five processes:
- Enable Futures Trading
- Transfer assets to your Futures account
- Log into KuCoin Futures, go to “Trade,” and search the Futures product.
- Place an order by selecting the leverage ratio and Buy/Long & Sell/Short
- Close your positions and realize your profit/losses
Enable Futures Trading
: The initial step is to sign in to your account on Kucoin and click on “Derivatives” in the Navigation bar; from the drop-down menu, click “Futures Trading.” Sign up to access this area if you have not done so. You can do it at this link
: This step is for you to click on “Enable trading,” read through the terms and conditions, and click on “I Have Read and Agree” to continue.”
Transfer Assets To Your Futures Account
: To view your Futures Assets click on the wallet icon on the top right corner of the page, then click on “Futures Account” then, you will be redirected to the Futures Asset Page.
: At the Futures Asset Page, you can deposit funds, and you can do this in two ways
- First Method: If you want to transfer USDT or BTC from another platform, click on “,” and then you can deposit to the direct address. Please, for USDT deposits, pay attention to the network and choose the corresponding network protocols.
- Second Method: If you have the USDT or BTC already on Kucoin, click “” and transfer to futures account to start trading.
Log Into Kucoin Futures, Go To “Trade,” And Search The Futures Product
: At this step, you need to login to “Kucoin Futures,” go to “,” and search for any future product you want to trade.
Place An Order By Choosing The Leverage Ratio And Buy/Long & Sell/Short
: At this step, please select the order type and leverage before entering your order quantity on KuCoin Futures.
KuCoin Futures currently supports three orders: a) limit orders, b) market orders, and c) stop orders.
- Limit order is visible to the market and instructs your broker to fill your buy or sell order at a specific or better price.
- Market Order: A market order is an order to buy or sell a product at the best current market price. To place a market order on KuCoin Futures Classic, enter the order quantity and click “Buy/LongSell/Short
- A stop order is an order that is activated when the given price reaches the predetermined stop price. To place a stop order on KuCoin Futures Classic, select the trigger type and set the stop price, order price, and order quantity.
: You must select the leverage ratio you want to use here; this leverage is used to multiply your earnings. It would help if you chose carefully; the higher the leverage, the higher your profits, likewise your losses.
: KuCoin Futures provides advanced options for orders, such as “Post Only,” “Hidden,” and Time in Force policies like GTC, IOC, etc. Please be aware that only limit or stop orders are eligible for the advanced settings.
: Buy/Long and Sell/Short
If you’ve already submitted your order information on KuCoin Futures, you can click “Buy/Long” to take long positions or “Sell/Short” to take short positions.
You will profit if you open long positions and the price of futures increases. You will also profit if you short your positions and the price of futures drops.
Close Your Positions And Realize Your Profit/Losses
: This step is to close your position. Select “.” Your positions can be closed in two ways: with a market order or a limit order.
- Close with a market order: Enter the size of the position you wish to close, then click “Confirm.” Your positions will then be completed at the price of the market.
- Close with a limit order: To close a trade, enter the price and size at which you want to close it and then click “Confirm.”
And that’s the step-by-step process to start trading Kucoin Futures. Click to get started with Kucoin Futures Trading to experience these numerous features; if you are newbie and want to see how Kucoin Future Trading works, click
