Unlock 30,000 USDT with Kucoin Margin Trading using POLC
New Margin Asset: POLC
New Borrowable Asset: POLC
New Margin Pair: POLC/USDT
🎁 Share Listing Bonus: KuCoin Isolated Margin Bonus Week 2: Unlock 30,000 USDT Rewards! The rewards program is organized by Kucoin as a general reward mechanism for margin trading on a week-by-week basis, and now you can use POLC token to unlock up to 30K USDT.
Activity Period: 10:00:00 on March 11, 2022, to 15:59:59 on March 20, 2022 (UTC) Please visit Kucoin for more information on the rules and conditions.
Margin trading has a higher risk compared to spot markets, normal trading because you are using borrowed money to increase your buying power. This is especially true for crypto assets as there is higher volatility compared to normal markets. However, with higher risk comes higher rewards or higher losses. Some traders specialize in leverage trading and may win more compared to normal traders, and kucoin is now giving the option.
As stated in Kucoin’s explanation of margin, if you invest $300 on POLC and use the 3:1 margin ratio, Kucoin will allow you to borrow $600 extra, so you will have a total of $900 to make a trade. This excludes any trading fees, and you can use this money freely, but you will have to pay back the $600 lent to you whether you make more money with your trade or not. Kucoin will give your position a margin call if things do not go your way. We advise using leverage and margin only if you know what you are doing.
Opensea NFT trading: https://opensea.io/assets/polka-city-asset
Opensea 3D assets: https://opensea.io/collection/polka-city-3d-asset
Coinbase Charts: https://www.coinbase.com/price/polka-city