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What are the steps to close a margin position on KuCoin?

avatarLul MarketDec 26, 2021 · 3 years ago1 answers

Can you please provide a detailed explanation of the steps required to close a margin position on KuCoin? I would like to understand the process thoroughly before proceeding.

What are the steps to close a margin position on KuCoin?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Closing a margin position on KuCoin is a simple process. Just follow these steps: 1. Log in to your KuCoin account and navigate to the 'Margin Trading' section. 2. Find the margin position you wish to close and click on it to view the details. 3. Locate the 'Close Position' button and click on it. 4. Confirm the closure in the pop-up window. 5. Once the position is closed, the borrowed funds and any profits or losses will be settled in your account. If you have any further questions or need assistance, feel free to reach out to the KuCoin support team.