Does kucoin support lending?

At the time of writing, KuCoin supports lending for more than 70 different cryptocurrencies. When you’re lending your crypto on KuCoin, you’re providing your crypto to users who are trading on margin. These traders borrow funds in order to leverage their position, and pay interest to lenders in return.

What is kucoin exchange?

Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin KuCoin is a secure cryptocurrency exchange that makes it easier to buy, sell, and store cryptocurrencies like BTC, ETH, KCS, SHIB, DOGE, Gari etc.

What is crypto lending?

Simply put, crypto lending is an alternative investment strategy that allows investors to lend cryptocurrency to borrowers in exchange for interest. In essence, this system comprises two parties – the lender and the borrower. Note that this is not a loan without collateral.

Is kucoin margin better than USDT?

On the contrary, when the market enters a downward trend, a large number of users need to borrow crypto such as BTC and ETH to go short, so it is more profitable to lend these crypto than USDT. In general, KuCoin Margin traders nowadays are more prone to long rather than short, resulting in USDT often having the highest APR for lending.