Test the Kucoin Margin trading for a chance to share in 10,000 KCS! (Also 10 EUR for Binance.je!)
KuCoin has just opened up their Margin Trading testnet at KuMex with an announcement that the TestNet period will be three weeks starting from now. As part of the testing, users are credited with 1 simulated Bitcoin (XBT/BTC) to allow for the testing of the Margin Trading against the USD (with up to 20x leverage). As an added bonus, in the first week of testing only.. users are going to be part of the draw for 10,000KCS. Again, that is ONLY for the first week of the draw!
This is a great chance to try your hand out at Margin Trading with no consequences (normally it is a bit risky as it can be quite easy to be liquidated for a novice).... it is all simulated money/tokens on the TestNet (on the perpetual XBT/USD contract) whilst putting your hand up for a chance at a share of the 10,000 KCS (equivalent to ~16,000 USD/~ 15,000 Euro). All you need is a KuCoin account. It will be pretty nice if you used my referral link!
Remember... snack small but snack often!... and set your STOP-LOSS orders!
USEFUL LINKS:
KuCoin (with my referral link)
KuMex (The Margin Trading TestNet)
HAPPY TRADING and GOOD LUCK!
... and if that wasn't enough! If you live in Europe (yes, yes... UK is still included!) You can have a chance to join in the 2nd birthday celebrations for Binance if you complete KYC for Binance Jersey. Binance Jersey is the official European on-off ramp for fiat to crypto for Binance.
You will need to use my referral code (it is only new KYC through invites/referral), which means that both of us will go into a draw for a share of the 100,000 EUR!
USEFUL LINKS
Binance Jersey (with my referral code)
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I have a KUcoin account - glad to hear they are evolving. I have tried leverage trading, called options, but lost mostly in my first attempts, even after making a bit. Very risky especially if you have small amounts to trade with, to cover you during the volatility. But this test structure will help me to practice some more.
It's lots of fun right now... I think there are a lot of new people who don't know what is going on... and think that they are trading in Bitcoin/USD like a regular exchange... and not the derivatives! There is some crazy easy wins to be made!
Very interesting.
Thanks... give it a go!
I'm not accommodated with this, but I think I'll try!
It's a great way to educate yourself with no risk... although, I wouldn't advise it in real life... unless you have money to burn! It's really risky with real assets!
Yes, I understand. Thank you! I lost a lot of money (compared to my living in a former communist country) in so-called internet marketing. I stopped two years ago when I entered Steemit. I've been in almost all forms of schemes less trading.
I'm going to try it! Thanks for sharing!
Good luck!
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