StoneX Financial Inc. (SFI) is a member of FINRA/NFA/SIPC and registered with the MSRB. Other trading costs are also discounted based on the variables, for example participants in institutional investor programs also get substantial trading fee reductions. 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. Big Traders pay less fees, so we use 0.09% as the average. Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. (Desktop) go to your trading screen on KuCoin futures. 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). How do you turn on Dark Mode in Futures? : r/kucoin - Reddit Should you have any further questions, please contact support: Sign up for free. Select the leverages and enter the entry price and contract size. Since fees are imposed on each trade, they can quickly add up; thus, traders are concerned about their costs when choosing an exchange. 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. KuCoin Calculator: Calculate Your Fees on KuCoin - Blockduo KCS Pay: You can further reduce your trading fees in spot or margin trading if you enable the KCS Pay Fee feature, which allows you to pay with your KCS holding. Whether working with stablecoins, non-fungible tokens, or 'branded currencies', DigitalBits claims to bring the following perks to the table. ", "Kucoin Share Calculator's (KCSCalc.com) owner can do over 100 Push Ups, so he must make a good website! The regular fee in this level is only 0.07% for the taker fee. 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). The high-liquidity exchange is well-established, with one out of four crypto holders opting for it. Import trades automatically and download all tax forms & documents for KuCoin Futures easily. Because of this, I wouldnt recommend using the leverage feature when doing your first dozen or so short trades with KuCoin. Is there a problem with this press release? Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. In addition, the cost structure on the platform is straightforward and open, allowing traders to comprehend the setup without any issues. 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). The greater your trading fee level, the lower your trading charge; a negative fee rate is even feasible. How to Report Your KuCoin Futures Taxes | Tax Forms - Coinpanda Very few coins are listed on Class Cand the ones that are listed youve probably never heard of. Multiply the amount of leverage by 100, and apply that to the price of the coin you're going long/short on. Click Start calculation to get the result of the Cost, Profits and ROE. How to Buy DigitalBits | Buy XDB in 4 steps (May 2023) Scroll down- youll see your open positions. how to calculate liquidation for futures bot, Scan this QR code to download the app now. The level of maker/taker fees vary based on the trading level and the class of the coin being traded on KuCoin. kucoin staking calculator | BTCC Knowledge Other ranking factors include platform availability, customer service, educational resources, security and storage, staking and rewards, to name a few. You can check your trading fee level when you log in to your KuCoin account. 2023 Forbes Media LLC. The Passphrase will not be shown again, so remember to write it down. Theres also a futures/liquidation calculator on the KuCoin futures trading screen. You can also use another token as a fee. SFI is registered with the U.S. Securities and Exchange Commission (SEC) as a Broker-Dealer and with the CFTC as a Futures Commission Merchant and Commodity Trading Adviser. This coin pays 50% of all Exchange Trading Fee's as a Bonus reward to the holders of the KCS Coin. In this section, we will list some examples of the actual fees that customers can enjoy based on their level. Some exchanges charge very expensive fees. It's the ultimate Bitcoin calculator. Below is a summary of the KuCoin setup: Trading fee token: KuCoin deducts the token, for example, when using USDT/KCS as the trading fee token for BTC/USDT and LTC/KCS. Enter your entry and exit prices. In the futures account box, click the trade icon. "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. VICTORIA, Seychelles, (BUSINESS WIRE) -- All ratings are determined solely by our editorial team. The discount can be up to 20%. Try downloading the KuCoin mobile app and checking it there if you havent done so. Select the leverage and input the entry price, close price, and size (amount). KuCoins $150 million pre-Series B funding round, led by Jump Crypto and supported by multiple investment funds, including Circle Ventures, IDG Capital, and Matrix Partners, allowed KuCoin to expand its presence in Web3, including crypto wallets, GameFi, DeFi, and NFT platforms through investment arms like KuCoin Labs and KuCoin Ventures. with 2x leverage, the bot says Est. Theres one huge caveat you need to understand before you even think about opening a KuCoin account: KuCoin is not licensed to operate within the U.S. KuCoins rich feature set and low fees could make it a compelling choice for advanced crypto investors, particularly outside the U.S. Im a firm believer that information is the key to financial freedom. Commissions do not affect our editors' opinions or evaluations. Click Start calculation to get the result of your expected Close Price. Members are invited to test, discuss, and give feedback about this trading bot, welcome aboard. "KCSCalc.com Calculates! Fees for a specific coin might also change regularly depending on network usage. For more information, please see our Click the Calculate button to determine your specific profit or loss in ticks/points and USD$. Once you have this information, you can use a crypto staking calculator. Ive found a few fixes that work (but now always): Note: using leverage in crypto is the definition of insanity. 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. This press release features multimedia. In short, the more you trade and the more KCS you hold within the day, the lower your fees will be. Stilt is committed to helping immigrants build a better financial future. Kucoin Futures API documentation for placing a limit order ( https://docs.kucoin.com/futures/#place-an-order ) has a param called "size" with type Integer. Crypto Profit Calculator - Bitcoin, Ethereum and More 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. WARNING: The content on this site should not be considered investment advice. Crypto exchanges are also frequently targeted by hackers. Liq. 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. Why? KuCoin Breaks into the Top 50 Ranking on the 2023 Hurun - MarketWatch 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. Also, the platform has its own native token, KuCoin Shares (KCS). Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin For example, if I create a long futures grid with price range 20 - 40 USDT, with 100 orders, and investment 200.00 USDT. Although touted as one of the most affordable exchanges in the market, KuCoin does still have fees. Alternatively, another way to scale down fee charges is to keep KCS tokens for at least 30 days. CoinTracking Excel Import The description is given as "Order size. Understanding KuCoin Fees: Final Thoughts, How to Transfer From Coinbase to Coinbase Pro. 1. mmckillen 6 mo. Deviations in the execution may occur due to the trading fees, funding fees, etc. Im 46 and a single mother. KuCoin is a trader-friendly exchange that features accessible trading fees and an extensive list of available cryptocurrencies. All Meme Rights Reserved. You still might not be able to see your positions on KuCoin futures. You can even enter custom values to test out future scenarios! 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. Makers create liquidity on an exchange by providing new open orders to be filled by others. The Kucoin Share (KCS) Coin was sold to supporters of KuCoin, giving them a Share in the profit. Seems like it is pointless to have futures if your customers have no way to chart them in the way that they need to, to do proper analysis. The Futures calculator can calculate the close price based on your expected entry price, ROE, and leverages. Coinpanda has direct integration with KuCoin Futures to simplify tracking your trades and tax reporting. 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. Share/Bookmark KCSCalc.com's Result with this Link: Daily Trading Volume: (Millions of Dollars), Trading Fee (Average) of what COSS Charges Users. Learn the most important aspects of leverage trading for cryptocurrency, including tips and risks, as well as alternatives. 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. Scroll down and youll see your open positions. 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. 1. From there, look right and you'll see two icons, one that looks like a calculator, and the one that has a hexagon shape. 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. 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. ago. Near the middle of your open position info banner youll see your liquidation price. Overwrite them) 3. The regular maker/taker charges 0.1% on each transaction when Spot Trading. With KCS Pay Fee enabled, the taker fee is further driven down to the platforms lowest at 0.02%. Simplex generally charges a 3.5% fee, whereas Baxa charges in the range of 4% to 6%. Moreover, the Kucoin trading price is straightforward and transparent, making it easy for customers to understand. DISCLAIMER: Crypto Chronicle exists to thought provoke and learn from the community. Must be a positive number". Among them Hurun Global Unicorn List 2023 highlighted that "Seychelles-based crypto exchange KuCoin bucked the trend of the rest of the industry, raising US$150 million in July last year at a valuation of US$10 billion.". Simply buy KuCoin Shares (KCS) and hold them for a day! What does "size" parameter in Kucoin futures API refer to? For whatever reason cointracker don't support Kucoin Futures API so I used coinpanda to handle just that portion of it. This includes accounts with 40,000 KCS holdings or a 30-day average trading volume equivalent to 4,000 BTC. Select the desired futures market by clicking the drop-down menu. 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. Stronger applications get better loan offers. KuCoin currently offers LUKSO (LYXe) cryptocurrency trading as well as over 300 other popular tokens. This should cover your entire transaction history on KuCoin, so you may need multiple CSV files. Forbes also named KuCoin one of the Best Crypto Exchanges in 2023. Follow the three steps below to enter the futures calculator page. By way of explanation, the USD/USDT loan rate, which adjusts for comparable financing rates, can be either positive or negative. Liq. kucoin staking calculator crypto futures bitcoin futures ethereum futures cardano futures litecoin futures. You can see how to connect KuCoin futures with crypto tax software here. 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. Some lenders send a promissory note with your loan offer. KuCoin doesnt charge deposit fees, but it does have set withdrawal fees that depend on the crypto tokens market situations, although GAS and NEO are both free. Traders in levels 1-4 will have an amount limit of 200 BTC. If you Donate with a Message, it might be posted here!". How to Enable Stop Losses & Take Profits on KuCoin So You Don't Get To determine crypto exchange rankings, we assessed the features and options offered by nearly 25 exchanges, trading apps and brokerage platforms that offer crypto trading options. In the top middle of your open position data youll see the liquidation price. Editorial Note: We earn a commission from partner links on Forbes Advisor. 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. Select history (deposit & withdrawal). Opening a KuCoin account is very easy. KuCoin Shares - KCS Bonus Calculator | Kucoin Staking Rewards KuCoins trading fees are very competitive. Liq. As you may know, excessive cryptocurrency trading and depositing costs might reduce your earnings; however, KuCoins customers can be confident that their fees will remain competitive. KuCoin is a global cryptocurrency exchange which offers a wide range of trading pairs on many different digital assets. With more than 700 coins supported by the KuCoin platform, new and experienced investors can find pretty much any cryptocurrency they are interested in purchasing or trading. You can choose an autopay method online to help you pay on time every month. How is this possible and how is this calculated? If this isnt working, try accessing KuCoin through another medium/browser. . All you'll need to do at tax time is download your KuCoin Futures tax statement from Koinly and file it with your local tax authority. Theres $128,000 on the mortgage. 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. Rewards will be provided to users who inform us of the above. To view this, go to the trading screen and click the calculator icon on the top right. Done! (Each market price format is unique, so please refer to the Price Format Example provided in the information section to ensure the correct calculation). Youll be able to enjoy your current level for the next 24 hours. In the top middle of your open position data you'll see the liquidation price. Heres a summary of how your trading fees are affected, whether youre a market maker or a market taker. 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. Since withdrawal fees are primarily connected to the networks transaction fees itself, you will find that KuCoins withdrawal fees are similar to those of other popular exchanges, such as Binance. Select the wallet icon in the top right corner. 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). KuCoinShares.com is a community created website which features a KuCoin Bonus Calculator to calculate the KCS Bonus you receive from holding KuCoin Shares. Click the liquidation price text at the top of the calculator. This can quickly drain your earnings, especially if youre just a beginner trader. Scroll down and you'll see your open positions. Because KuCoin is buggy AF. KuCoin Fees Explained | How Much It Costs to Trade Crypto? KuCoin doesnt offer unverified accounts the same fraud and hacking protection as verified accounts. 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% Risk Tips: The results from KuCoin Futures Calculator are for reference only. Complete Beginners Guide, Best Cryptocurrency Exchanges Top 7 Picks, Must-read Crypto Wallets Guide for Beginners, How to Mint & Sell NFTs? Trading fee token: KuCoin can also use the token youre trading as the fee itself, removing the need for external fee payment. We'd love to hear from you, please enter your comments. For example, KuCoin can use the USDT/KCS token as a fee when youre trading the BTC/USDT token. KuCoins Trading Bot allows users to automate their crypto trading by programming actions that automatically execute when conditions are met. Download the CoinTracking_Excel_Import.xls Excel template file to your PC 2. Save the file as a XLS or XLSX file 4. Liq. No, KuCoin does not provide an EOFY . Nevertheless, these are still relatively low compared to industry averages. For the pictures youre seeing in this article, I placed a 5x long trade on Bitcoin here with $100. Scroll to the bottom of the screen. I agree to receive the Forbes Advisor newsletter via e-mail. For trading, a Class A coin and the basic level of Level 0 (LV0), the maker/taker range is 0.1%/0.1%, respectively. KuCoin Shares - KCS Coin Bonus Calculator. 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.