Futures Calculator | Calculate Profit / Loss on Futures Trades Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc. 2023 StoneX Group Inc. All Rights Reserved, As a futures trader, it is critical to understand exactly what your potential risk and reward will be in monetary terms on any given trade. Select the desired futures market by clicking the drop-down menu. At this level, the taker fee is at 0.025%, while the maker fee will be a negative rate of 0.005%. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 27 million users in 207 countries and regions. Crypto exchanges are also frequently targeted by hackers. After signing in, you may check your trading fee level and current fee by clicking the Fee button on KuCoins official website. Overwrite them) 3. How to connect KuCoin Futures to Koinly via API On KuCoin Futures Your level changes every day depending on your 30-day average trading volume and KCS holdings. Margin trading, platform lending, and advanced trading were not considered for choosing the best crypto exchanges for beginners. Provide any additional information if required. Entry Price* Only numbers should be used. Big Traders pay less fees, so we use 0.09% as the average. This unofficial subreddit is set to discuss the newly launched KuCoin Trading bot. Scroll down- you'll see your open positions. If your application meets the eligibility criteria, the lender will contact you with regard to your application. KuCoin is a Singapore-based cryptocurrency exchange that is known for having one of the largest selections of cryptocurrencies and trading pairs. KuCoin Breaks into the Top 50 Ranking on the 2023 Hurun - MarketWatch Risk Tips: The results from KuCoin Futures Calculator are for reference only. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. The Kucoin Share (KCS) Coin was sold to supporters of KuCoin, giving them a Share in the profit. Futures Calculator | Calculate Profit / Loss on Futures Trades BTW I was using APE/USDT for this example. How to Report Your KuCoin Futures Taxes | Tax Forms - Coinpanda KuCoin Calculator: Calculate Your Fees on KuCoin - Blockduo On the KuCoin.com Website, click here to view your fee share bonus. KuCoin is one of the few exchanges where U.S. residents might be able to open up a crypto margin account. Simplex generally charges a 3.5% fee, whereas Baxa charges in the range of 4% to 6%. This does not mean you cannot use KuCoin in the U.S., although it does make this platform complicated and risky. You still might not be able to see your positions on KuCoin futures. SFI does business as Daniels Trading/Top Third/Futures Online. This might seem complicated, but KuCoins fee structure is pretty reliable and transparent, so customers can easily understand how much their fee will be in every transaction. Whether working with stablecoins, non-fungible tokens, or 'branded currencies', DigitalBits claims to bring the following perks to the table. Kucoin.com is a Cryptocurrency exchange, started in 2017. To add your KuCoin Futures account to Coinpanda, follow these steps: It is important to be aware that the Realized P&L imported from the API is the total amount of Realized P&L of closed positions *and* funding costs and trading fees within the last 8 hours. By holding the KCS Token, you do not only receive a nice passive crypto income but you can also benefit from the growth of the platform. Choose position direction: Buy/Long or Sell/Short. With the KCS Pay Fee feature enabled, this fee will further be driven down to 0.056%. This can quickly drain your earnings, especially if youre just a beginner trader. Also, the platform has its own native token, KuCoin Shares (KCS). Fees for a specific coin might also change regularly depending on network usage. 3. For traders looking to purchase crypto using fiat currencies, KuCoin provides various options for doing so, including their Fast Buy function, P2P, and interoperability with Simplex and other similar services. Should you have any further questions, please contact support: Sign up for free. This should cover your entire transaction history on KuCoin, so you may need multiple CSV files. The only downside is I'm out a few hundred for all this crypto tax software along with turbotax on top of it. Liq. These disclosers are meant to reduce crime and money laundering. The exchange even utilizes a couple of innovative security solutions to enhance their security further, such as trading passwords and the KuCoin Safeguard Program. Share/Bookmark KCSCalc.com's Result with this Link: Daily Trading Volume: (Millions of Dollars), Trading Fee (Average) of what COSS Charges Users. "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. When you land on the asset overview screen, navigate to your futures account on the bottom left. Because KuCoin is buggy AF. Your app will calculate your KuCoin taxes for you and generate a pre-filled tax report based on your location - for example, the IRS Form 8949 and Schedule D or the ATO myTax report. ago. Scroll down- youll see your open positions. This means KuCoin put up an extra $400 for me to buy $500 worth of Bitcoin in total. In addition, the cost structure on the platform is straightforward and open, allowing traders to comprehend the setup without any issues. Because of this, the funding rate for futures contracts will also vary from 0.03% to 0%, with the latter being the base rate during normal market conditions. I bought around a Bitcoin price of $41,700 at 5x, so KuCoin is showing my liquidation price to be 20% less than that, or about $33,500. In this guide, we will concentrate on KuCoin fees. The information herein is not a recommendation to trade nor investment research or an offer to buy or sell any derivative or security. Some exchanges charge very expensive fees. Reward amounts will be determined based on the type and relevance of the information provided. In light of this, Spot and Futures trades are assigned a level ranging from 1 to 12 based on their 30-day trading volume or 30-day KCS holdings. Now follow the steps to calculate your own profit: 1. The editorial team then developed a standardized methodology, analyzing 10 key benchmark features and variables to assess quality across the platforms. Trading fee token: KuCoin can also use the token youre trading as the fee itself, removing the need for external fee payment. Other entries on the list include esteemed brands such as Bytedance, SpaceX, and Telegram. Click & Calculate. EVERYTHING you need to know about KuCoin fees [2022] - Stilt Blog Traders should bear in mind fee levels on trading pairs having 0.1% maker and 0.1% taker fees, do not apply to all trading pairs. Trading swaps and over-the-counter derivatives, exchange-traded derivatives and options and securities involves substantial risk and is not suitable for all investors. On the Stilt Blog, I write about the complex topics like finance, immigration, and technology to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more. This doesnt mean leverage cant wreck you, though. Im 46 and a single mother. However, you also need to remember that this type of trading charges interest rates. Follow the three steps below to enter the futures calculator page. You can choose an autopay method online to help you pay on time every month. 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. 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. How to file your KuCoin taxes with Koinly From the drop down menu, select main account. Now follow the steps to calculate your own profit: 1. U.S. usersbeing unable to complete KYC verificationarent offered the same protections as international users. For whatever reason cointracker don't support Kucoin Futures API so I used coinpanda to handle just that portion of it. How To Find The Cheapest Travel Insurance, Best Investment Apps To Manage Your Portfolio, Broad selection of tradable cryptocurrencies, Offers advanced features like margin trading and futures trading, Funds kept on the platform are not insured, Suffered a major hacking incident in 2020. The most popular coins include: A full list of KuCoin coin offerings can be found here. Please see our. Stay on the righteous path and think long and hard before making any financial transaction! Calculate your taxes and generate all required tax reports and forms easily. KuCoin is a trader-friendly exchange that features accessible trading fees and an extensive list of available cryptocurrencies. Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin Spot Trading is the most commonly utilized feature on the platform, and KuCoin does not impose separate fees for takers and makers. Once your security settings are complete, youre ready to start trading crypto. Crypto lending is not, of course, without its risks. The MarketWatch News Department was not involved in the creation of this content. Some of the main figures that set the platform apart from its competitors include more than 8 million registered users globally, over $370 billion in trading volume (USD), and almost 800 million total trades. Risk TipsSelecting appropriate leverage is the key to manage position risks and reduce force liquidation possibilities. KuCoin Fees Overall, the trading and withdrawal costs at KuCoin Futures are comparable to, if not lower than, the industry averages. It is currently partnered with Singapore-based digital asset custodian Onchain Custodian to store and secure all its crypto assets. Thus, by increasing your trading volume over 30 days users can reduce the amount of the fee. AMC CEO slams Robinhood over alert wrongly claiming theater chain had filed for bankruptcy, How the debt-ceiling crisis could affect your investment portfolio. kucoin staking calculator | BTCC Knowledge Click Start calculation to get the result of your expected Close Price. . ", "Kucoin Share Calculator's (KCSCalc.com) owner can do over 100 Push Ups, so he must make a good website! We are grateful for the support from our investors and partners, who share our belief in the power of crypto to transform the global financial landscape.". Almost all of the stolen assets were recovered, and KuCoin compensated for the missing assets through its insurance. Investors receive discounts based on their average monthly holdings of the platforms native token, KCS, or their previous months trading volume. BTW I was using APE/USDT for this example. Liq. Calculate your taxes in less than 15 minutes. Basic trading features count as one factor in the overall and beginner rankings. In KuCoin, different roles incur different trading fees. Your decisions are yours alone and we are in no way responsible for your actions. Maker/Taker: Market Takers and Makers will have different fees. KuCoin is a global cryptocurrency exchange which offers a wide range of trading pairs on many different digital assets. On the KuCoin Futures Pro page, go to . 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. Why? Heres a summary of how your trading fees are affected, whether youre a market maker or a market taker. KuCoin offers its own coin, KuCoin Token (KCS), an ERC-20 token that runs on the Ethereum network. You might think that only the highest-level traders might avail of the low fees that KuCoin is boasting about. 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. Contact the source provider Comtex at editorial@comtex.com. This recognition is not only a milestone for KuCoin but also an affirmation of our vision that everyone will one day be with crypto. KuCoin Shares (KCS) Calculator - Simulate the Future! 1. KuCoin $500 Bonus + Fee Discount (Referral Code QBSSS9X9)https://www.kucoin.com/r/af/QBSSS9X9 KuCoin Spot Trading Tutorial for Beginnershttps://youtu.be. Are you sure you want to rest your choices? There are two different ways to import your transactions from KuCoin Futures to Coinpanda: Remember to tag your transactions if you have received airdrops or staking rewards! 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.". In short, the more you trade and the more KCS you hold within the day, the lower your fees will be. 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. The Maker and Taker base transaction fees for margin trading pairs are also 0.1 %, same with spot trading; however, when it comes to calculating interest and fees, traders must incorporate interest while returning the borrowed money. with 2x leverage, the bot says Est. Nevertheless, there are costs for cryptocurrency withdrawals, which vary depending on which crypto is withdrawn. Crypto Profit Calculator - Bitcoin, Ethereum and More KuCoinShares.com is a community created website which features a KuCoin Bonus Calculator to calculate the KCS Bonus you receive from holding KuCoin Shares. Pick a time frame (maximum 100 days). Rewards will be provided to users who inform us of the above.