KuCoin cuts lending threshold to 10M USDT
- KuCoin has cut its trading-volume requirement for new API clients from 30m to 10m USDT.
- Eligible clients can borrow up to 3m USDT at 0% interest for two months.
- The upgrade brings lending into KuCoin’s Unified Trading Account across three trading products.
KuCoin has upgraded its institutional lending programme to make borrowing easier for eligible trading clients.
The exchange cut the external 30-day volume requirement from 30m to 10m Tether (CRYPTO:USDT) for new API clients.
Alison Qin, Head of KuCoin Institutional & VIP, said, “Professional market participants need timely, flexible and capital-efficient access to liquidity.”
Eligible clients can borrow up to 3m USDT through KuCoin’s Unified Trading Account.
Borrowed funds can be used across Spot, Margin and Futures without moving funds between accounts.
Clients can borrow USDT, USD Coin (CRYPTO:USDC), Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH), according to KuCoin.
KuCoin first launched targeted interest-free credit in 2024, with the borrowing limit later rising from 500,000 USDT to 3m USDT.
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