KuCoin Futures Will Increase the Max Leverage and Risk Limit of USDT-Margined Perpetual Futures on May 29, 2023


Related type: Others

2023-05-26 14:57

Dear KuCoin Futures Users, KuCoin Futures is going to increase the max leverage and risk limit of the following USDT-margined perpetual futures at 11:00 on May 29, 2023 . More details about Risk Limit can be found in the Risk Limit Documentation. . Symbol Maximum Leverage Maximum Risk Limit in USDT PEPEUSDTM 75 1,000,000 ZILUSDTM 50 1,000,000 XLMUSDTM 50 1,000,000 VRAUSDTM 50 1,000,000 VETUSDTM 50 1,000,000 DOTUSDTM 50 1,000,000 AVAXUSDTM 50 1,000,000 ATOMUSDTM 50 1,000,000 GMTUSDTM 50 1,000,000 AXSUSDTM 50 1,000,000 ALGOUSDTM 50 1,000,000 TRXUSDTM 50 1,000,000 LINAUSDTM 50 500,000 KAVAUSDTM 50 500,000 ARPAUSDTM 50 500,000 XCNUSDTM 30 500,000 TONUSDTM 30 500,000 NFTUSDTM 30 500,000 ANKRUSDTM 30 500,000 HIGHUSDTM 30 500,000 ..Notice: 1. Please log in and refer to the updated Risk Limit Level to place an order. 2. The liquidation of the existing positions of this contract is based on the current risk limit level. New positions opened after the scheduled upgrade will be executed based on the new risk limit level. 3. Users can adjust the risk limit level by themselves. To avoid liquidation, the system will automatically cancel all the open orders of users and replenish the margin to the account during the upgrade. By that time, the liquidation price will also change according to the changes in the maintenance margin rate. .Risk Warning: Trading contracts is a high market risk activity that can result in large gains while also causing you to incur large losses. Past gains are not indicative of future returns. Severe price fluctuations may result in the forced liquidation of your entire margin balance. The information provided here should not be construed as financial or investment advice from KuCoin. All trading strategies are at your own discretion and risk. KuCoin is not responsible for any losses that you may incur as a result of using the contracts. Thanks for your understanding and support! The KuCoin Team.Sign up with KuCoin now! Download KuCoin App.Follow us on Twitter.Join us on Telegram.Join KuCoin Global Communities..