DearKuCoinFuturesUsers,
KuCoinFuturesisgoingtoincreasethemaxleverageandrisklimitofthefollowingUSDT-marginedperpetualfuturesat10:00(UTC)onMay10,2023.MoredetailsaboutRiskLimitcanbefoundintheRiskLimitDocumentation.
SymbolMaximumLeverage(after)MaximumRiskLimitinUSDT(after)BELUSDTM30500,000DCUSDTM30500,000ANTUSDTM30500,000ERNUSDTM30500,000ZRXUSDTM30500,000ICXUSDTM30500,000PAXGUSDTM30500,000JOEUSDTM30500,000BSVUSDTM30500,000Notice:
1.PleaseloginandrefertotheupdatedRiskLimitLeveltoplaceanorder.
2.Theliquidationoftheexistingpositionsofthiscontractisbasedonthecurrentrisklimitlevel.Newpositionsopenedafterthescheduledupgradewillbeexecutedbasedonthenewrisklimitlevel.
3.Userscanadjusttherisklimitlevelbythemselves.Toavoidliquidation,thesystemwillautomaticallycancelalltheopenordersofusersandreplenishthemargintotheaccountduringtheupgrade.Bythattime,theliquidationpricewillalsochangeaccordingtothechangesinthemaintenancemarginrate.
RiskWarning:Tradingcontractsisahighmarketriskactivitythatcanresultinlargegainswhilealsocausingyoutoincurlargelosses.Pastgainsarenotindicativeoffuturereturns.Severepricefluctuationsmayresultintheforcedliquidationofyourentiremarginbalance.TheinformationprovidedhereshouldnotbeconstruedasfinancialorinvestmentadvicefromKuCoin.Alltradingstrategiesareatyourowndiscretionandrisk.KuCoinisnotresponsibleforanylossesthatyoumayincurasaresultofusingthecontracts.
Thanksforyourunderstandingandsupport!
TheKuCoinTeam
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