What is auto-borrow, auto-repay and auto-renew? In this session, you’ll learn how to borrow funds and repay loans on KuCoin Margin Trading with a step-by-step guide. You’ll also have a clear idea of when to turn on or turn off the auto-borrow or auto-repay function during the trading process.
According to some feedback from our margin traders, they often get confused about the auto functions in margin trading and some of them find it difficult to understand the difference between auto-repay and auto-renew.
If you want to start doing margin trading, you’ll find everything you need to know in this series. We will tell you how to avoid the common mistakes, and how to trade more efficiently when doing margin trading on KuCoin.
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01:33 The overall intro to borrow and repay?
02:08 How to borrow funds on KuCoin Margin?
02:47 How to repay loans on KuCoin Margin?
03:06 What is Auto-borrow, auto-repay and auto-renew?
04:21 Deeper dive into Auto-borrow
05:19 Deeper dive into Auto-repay
06:06 Deeper dive into Auto-renew
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Further read of auto-borrow & auto-reay & auto-renew
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～ What is KuCoin ～
Launched in September 2017, KuCoin is a Top 5 Crypto Exchange Globally. As the home of Altcoins, KuCoin has supported over 600 projects with 1000+ trading pairs.
Known as "People’s Exchange", KuCoin currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending services to over 10 million users in 207 countries and regions around the world. In November 2018, KuCoin announced $20 million (USD) round A funding from IDG Capital and Matrix Partners.
KuCoin is the Best Cryptocurrency Exchange and App Awards Winner for 2022 by Ascent
In 2021, Forbes Advisor named KuCoin as one of the Best Crypto Exchanges.
The content mentioned in this video is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Do your own research.
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