Be careful doing Leverage in Kucoin

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Trading on Margin-Kucoin

1st December I was doing some ADA in Leverage at Margin section of Kucoin.

My account were taken by the margin as there was a big down.

But comparing two charts I realise they are manipulating maybe with an algorithm. There was a big difference at the same moment between another chart (Binance).

Binance Chart (screenshot at investing.com)

Screen Shot 20201201 at 8.49.30 PM.png

It hits 834 Satochis at the moment of screenshot. The maximum down was 799 Satochis.

Kucoin chart

Screen Shot 20201201 at 8.50.11 PM.png

At the same moment Kucoin chart hits 758 Satochis as maximum down.
In 799 Satochis my account was okay with margin; but this f**** system is cheating so they can take whatever stops or margins. I saw a similar move a day before.

Conclusion

No more Margin Trading. Maybe in another platform, but for now stop for a while, till next year!

Be careful doing Leverage in Kucoin | Ecency