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\"KuCoin Crypto Lending 2.0\" Early Access
Dear KuCoin Users,
In order to improve the borrowing experience and provide Margin users with more trading options, KuCoin will open the invitation for the "KuCoin Crypto Lending 2.0" Early Access on May 16, 2023, and Early Access will start on May 26, 2023 (UTC).
What is "KuCoin Crypto Lending 2.0"?
The "KuCoin Crypto Lending 2.0" is an experience upgrade product based on the "KuCoin Crypto Lending 1.0" (Margin Lending Market).
The upgrade will match the funds of the users who have successfully subscribed when other users have market borrowing needs so that the subscribed users would earn interest.
What is the difference between "KuCoin Crypto Lending 2.0" and "KuCoin Crypto Lending 1.0"?
| Lending | KuCoin Crypto Lending 1.0 | KuCoin Crypto Lending 2.0 |
| Lending Experience | Place order, the best interest rate transaction dealt | Expected interest rate subscription, matchmaking order immediately, easy lending |
| Redeem Experience | Redemption at maturity, a minimum of 7 days | Redemption at a minimum of T 1 hour after matching, flexible utilization of funds |
| Borrowing | KuCoin Crypto Lending 1.0 | KuCoin Crypto Lending 2.0 |
| Borrowing Experience | When renewing the loan and there are no available funds in the market, borrowing may result in the liquidation of the position | With a stable supply of funds |
| Interest Experience | Fixed rate interest payment until renewal | Interest follows the market and is updated hourly |
How to participate in the Early Access of "KuCoin Crypto Lending 2.0"?
Registered User Process: Users who registers in the form above will receive notifications to enter the Early Access to "KuCoin Crypto Lending 2.0"
Invited User Process: Users who have been invited by KuCoin will be able to receive notifications to enter the Early Access to "KuCoin Crypto Lending 2.0"
Access From: KuCoin website > Earn > KuCoin Crypto Lending 2.0
Early Acess Period: May 26, 2023 - June 26, 2023 (UTC)
The "KuCoin Crypto Lending 2.0" will be enabled to all users according to the actual experience of the Early Access users.
At that time, the "KuCoin Crypto Lending 1.0" will gradually be offline, and the specific offline time will be announced separately.
"KuCoin Crypto Lending 2.0" Early Access Requirements
All users who can access to "KuCoin Crypto Lending 2.0" page, hereinafter referred to as "Alpha Testers
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