KuCoin Adds Margin Trading for KCS with 10x Leverage

On December 19, 2019, KuCoin, an IDG-backed crypto exchange, announced that it will add KCS as the platform’s newest margin asset, supporting KCS/USDT trading pair with up to 10x leverage.
As a popular feature on KuCoin, margin trading allows users to borrow more tokens by pledging a few tokens to make a long (buy) or short (sell) operation, so as to leverage a large number of funds using a smaller amount to earn more profits. Prior to KCS, KuCoin margin trading has supported Bitcoin (BTC)