The first problem is the high fees. Use a halfwidth comma to each IP), API expiration time; Never expire(default). You could judge the message type via topic. AUDIO / TetherUS PERPETUAL FUTURES AUDIOUSDTPERP. Any of KC-API-KEY, KC-API-SIGN, KC-API-TIMESTAMP, KC-API-PASSPHRASE is missing in your request header. Add channelType field: public(public channel, default), private(private channel), session(session channel) for Websocket. KuCoin is a Singapore-based cryptocurrency exchange that is known for having one of the largest selections of cryptocurrencies and trading pairs. In a linear contract, USDT is used for trading and settlements, which means thatas long asyou hold USDT, you can directly perform contract transactions with multiple mainstream currencies. After the ping message is sent to the server, the system would return a pong message to the client side. How to Calculate the Liquidation Price on KuCoin Futures? If the response code is 200, it means the transfer is successful, otherwise it means failure. This feature is to ensure that the order wont be canceled by the matching engine in such a circumstance that not enough funds are frozen for the order. Step 2: Enter the Verification Code Depending on the type of method chosen, a verification code is sent to the provided email ID or phone number. Margin Trading: It refers to a trade mode in which users borrow a certain amount of digital tokens by pledging digital tokens in KuCoin to make a long (buy) / short (sell) operation, so as to leverage large funds with small funds to earn more profits. A valid price shall not be higher than the maxPrice in the contract specification. Level3 snapshot query interface is recommended. When placing an order, the system will freeze certain amount of funds in your account for position margin and transaction fees based on the order price and quantity. KuCoin Futures Trading Tutorial (Futures Strategy & Trading Explained) MoneyZG 84K views 10 months ago This IS WHY Most BEGINNERS Lose Their ACCOUNTS (What Is Leverage?) availableBalance.change A successful response is indicated by an HTTP status code 200 and system code 200000. Anyway, I learned an expensive but valuable lesson. According to this contract, the buyer will buy into assets at a predetermined price at a specified time (named delivery date) in the future, and the seller needs to deliver the asset at the predetermined price on the delivery date. If the order can not be canceled (already filled or previously canceled, etc), then an error response will indicate the reason in the message field. Get the API server time. GET /api/v1/deposit-list?currentPage=1&pageSize=50&status=PROCESSING, GET /api/v1/withdrawals/quotas?currency=XBT. Password(Must contain 7-32 characters. KuCoin Futures has currently launched more than 60 perpetual contract products, such as the USDT-margined BTC PERP , ETH PERP , BCH PERP , BSV PERP and the BTC-margined BTC Perpetual , ETH PERP , XRP PERP , DOT PERP. Please do not send a repeated client_oid. When they think the short-term market is rising, they choose a BTC-margined contract to long; when they think the short-term market is falling, they choose a USDT-margin contract to short. This is the Unix timestamp. When they think the short-term market is rising, they choose a BTC-margined contract to long; when they think the short-term market is falling, they choose a USDT-margin contract to short. e.g. So if you want to learn more about KuCoin futures trading for beginners, this video is the video you . Synthetix Perps is a groundbreaking development for on-chain perps traders. Open orders will remain open until they are either filled or canceled. This endpoint requires the "Trade" permission. To reinforce the security of the API, KuCoin upgraded the API key to version 2.0, the validation logic has also been changed. {"side":"buy"}). Generated by yourself, the optional clientOid field must be a unique id (e.g UUID). Join the plan and you can get the following bonus: Users with great market making strategies and large trading volume are welcome to join the incentive plan for the long term. The amount to be transferred will be deducted from the KuCoin Futures Account. A market order differs from a limit order in that the execution price is not guaranteed. $110,000 to Give Away! GET /api/v1/account-overview?currency=XBT. This ID could be used to cancel the transfer request. This script solves this issue by giving you an exit price based on a given entry price, a base margin, and a target profit %. If a trader would like to trade BTC, ETH, XRP, or DOT contracts, the underlying cryptocurrencyhas tobe used as the margin to trade the respective contract. Margin Trading: It refers to a trade mode in which users borrow a certain amount of digital tokens by pledging digital tokens in KuCoin to make a long (buy) / short . But I bought $10k of XRP leveraged at 5x and immediately bought myself a 20% loss! The HasMore pager is efficient and takes the same amount of time for each sliding which makes HasMore pager well suited for the real-time streaming data queries. There are currently 60 or so pairs from which to choose. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Delivery contracts are one kind of cryptocurrency contract with a determined delivery date. If order type is not specified, the order will be a limit order by default. Its not like limit orders are really any better, since you have to buy on down tick and sell on an up tick. KuCoinFutures has currently launched more than 60 perpetual contract products, such as the USDT-margined, . Time in force is a special instruction used when placing an order to indicate how long an order will remain active before it is executed or expires. KuCoin Futures will be launching USDT-Margined Chainlink (LINK) Perpetual Futures at 8:00:00 on September 24, 2020 (UTC), supporting 1-50x leverage. Internal Server Error -- We had a problem with our server. If the quantity of a certain price in the pushed message is 0, please delete the corresponding data of that price. So, for users with fiat currency standards, they prefer USDT-margined contracts because of their low transactional costs and simple settlement; hedging users headed by miners or a few cryptocurrency believers who want to continue to hold a certain currency for long periods of time prefer BTC-margined contracts. If you need to get your recent trade history with low latency, please query endpoint Get List of Orders Completed in 24H. The Hidden and iceberg Orders are two options in advanced settings (note: the iceberg order is a special form of the hidden order). Users can continue to hold perpetual contract positions until they are closed or forced to liquidate due to insufficient margins. Sub-account name, create sub account name of API Key. /contractMarket/level2), privateChannel is available. Submit request to get the funding history. After subscription, when there are changes in the order book, the system will push the real-time ticker symbol information to you. The high-liquidity exchange is well-established, with one out of four crypto holders opting for it. Do note that when triggered, a stop order may be canceled if the available balance is not enough. The sequence field exists in order book, trade history and snapshot messages by default and the Level 3 and Level 2 data works to ensure the full connection of the sequence. If a trader would like to trade, A linear contract, which is a USDT-margined contract, uses. Cancel an order (including a stop order). You can request for specific orders using query parameters. The value will be returned in order detail. How to Claim Kucoin New Year 2021 Bonus 1. users, they can choose to invest in perpetual contracts or delivery contracts according to their own investment habits and preferences. KuCoin Futures has launched LUNA (Terra) USDT-margined perpetual contract, supporting 1-20x leverage. 2)If both "Iceberg" and "Hidden" are selected, your order will be filled as an iceberg Order by default. Founded in 2017 by Sergey Nazarov and Steve Ellis, Chainlink aims to solve the problem of off-chain information sourcing by smart contracts for their execution parameters. Deprecate ({topic}:privateChannel:{userId}) and userId in private messages after three months. First, the biggest difference between perpetual contracts and quarterly contracts is that the highest leverages are different. The platform offers BTC/USDT margined, perpetual, and delivery contracts supporting different types of orders. Brief introduction of your market making strategies. Orders may be execute either partially or fully. Trade the New Perpetual Contracts, Win a Share of 30,000 USDT Rewards! All funds and transactions there are simulated for testing purposes. You may also visit this guide: Futures. Once the transfer arrives your KuCoin-Main Account, the endpoint will respond and return the applyId. Unable to proceed the operation, there's no contra order in order book. Perpetuals Futures Bitcoin (Perpetual) Total Open Interest $17,946,572,870 Total 24h Trade Volume $65,281,985,152 Ethereum (Perpetual) Total Open Interest $13,122,757,689 Total 24h Trade Volume $46,868,879,465 BNB (Perpetual) Total Open Interest $420,916,903 Total 24h Trade Volume $1,680,697,557 USD Coin (Perpetual) Total Open Interest $0 In the request, the start parameter is the sequence number of your last received message plus 1, and the end parameter is the sequence number of your current received message minus 1. Before being able to sign any requests, you must create an API key via the KuCoin Futures website. Once the rate limit is exceeded, the system will restrict your use of your IP or account for 10s. Reward amounts will be determined based on the type and relevance of the information provided. CopyRight 2017 - 2023 KuCoin.com. This documentation provides a detailed explanation to the transaction functions and the usage of the interfaces to get the market data on Kucoin Futures. In this way, they can make more profit. The maximum limit orders for a single contract is 100 per account, and the maximum stop orders for a single contract is 50 per account. Request frequency of Level-3 order book via GET /api/v2/level3/snapshot is restricted to: 1 request/minute for each IP. The Link Network provides timely and accurate information to smart contracts via a decentralized network of oracles (data feeds and APIs). All Rights Reserved. Head to the KuCoin Exchange for 24/7 live updates of BTC/USD prices and the ability to buy/sell crypto quickly. Dont be me. The returned results will provide field HasMore to show if there are more data. It was issued as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. KuCoin Futures has currently launched five perpetual contract products, the USDT-margined BTC Perpetual, ETH Perpetual, BCH Perpetual, BSV Perpetual and the BTC-margined BTC. The close price shall be greater than the bankruptcy price. To receive messages from new Level 3, please subscribe: "/contractMarket/level3v2:{symbol}", Added interface for new Level 3 full data While there are topic messages generated, the system will send the corresponding messages to the client side. Hi, here's some info regarding on your concern. When you query orders in active status, there is no time limit. XBTUSDM. Note:API key can only be generated after logging in. Please stay tuned. This level returns only one aggregated size for each price (as if there was only one single order for that price). UUID, Only allows numbers, characters, underline(_), and separator(-), Stop order type (stop limit or stop market), Mark to show whether the stop order is triggered, A mark to forcely hold the funds for an order, Unique order id created by users to identify their orders, Fixed fees(Deprecated field, no actual use of the value field), Trade type (trade, liquidation, ADL or settlement), Total number of the unexecuted buy orders, Total number of the unexecuted sell orders, Currency used to clear and settle the trades, Margin amount (min. If you need to get your recent traded order history with low latency, you may query this endpoint. The data of the first page will be returned by default. The difference between your timestamp and the API service time must be less than 5 seconds , or your request will be considered expired and rejected. There are many types of Futures contracts today, such as inverse contracts, linear contracts, delivery contracts and perpetual contracts. {"id": "1JpoPamgFM", "type": "message", "topic": "/market/ticker:KCS-BTC", "subject": "trade.ticker", "tunnelId": "bt1", "data": {}}, To close the tunnel, you could enter command below: KuCoin Futures 24h trading volume is reported to be at $2,217,167,286.56, a change of 38.61% in the last 24 hours, and the 24h open interest is $1,636,497,328.25, a change of 2.95% as compared to the previous day. If the status parameter is not specified, orders of done status will be returned by default. Second, Perpetual Contracts have funding, with no expiry or settlement, which Delivery Contract doesnt have funding with expiry date and settlement fee. There are two main differences between perpetual and delivery contracts: First, the biggest difference between perpetual contracts and quarterly contracts is that the highest leverages are different. Note that when an API has a specific rate limit, please refer to the specific limit. As of now, KuCoin Futures supports two types of futures trading with BTC: Perpetual Futures and Quarterly Delivery Futures. Contract Information: Click to view more details about new contract A new Terra On May 25th, 2022, Terra Classic users passed governance proposal 1623, which outlined the genesis of a new Terra chain. GET /api/v1/kline/query. The system will forcely freeze certain amount of funds for this order, including orders whose direction is opposite to the current positions. To subscribe channel messages from a certain server, the client side should send subscription message to the server. GET /api/v1/funding-rate/{symbol}/current. The leverage parameter is used to calculate the margin to be frozen for the order. KuCoin Futures charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. GET /api/v1/contracts/active The default is "General"), IP whitelist(You may add up to 20 IPs. A stop order is an order to buy or sell at the market or pre-specified limit price once the contact has traded at or through a pre-specified stopPrice. The HasMore pager uses sliding window scheme to obtain paged data by sliding a fixed-sized window on data stream. Update the default value of parameter chain from OMNI to ERC20, for the following interfaces: Add support for query order by client order id, for the following interfaces: Website: https://sandbox-futures.kucoin.com, Huge rewards for top 1 market maker and extra bonuses for top 10 market makers every month, Direct access to the market (via private link provided by KuCoin Futures).