KuCoin unveils $3M interest-free lending via UTA
KuCoin now offers up to 3 million USDT interest-free for two months via Unified Trading Accounts, with lower entry requirements and support for multiple assets.
KuCoin has enhanced its Institutional Interest-Free Lending Program by integrating it with the Unified Trading Account (UTA). Now, eligible institutional clients can borrow up to 3 million USDT at 0% interest for the first two months. The entry trading volume requirement for new API clients has also been lowered from 30 million to 10 million USDT. Borrowing is available in USDT, USDC, BTC, and ETH, and funds can be used across Spot, Margin, and Futures trading without the need to transfer between separate accounts. This UTA integration aims to reduce capital fragmentation and operational friction, enabling more efficient capital management for institutional users. Building on previous lending initiatives, this update increases borrowing limits and asset options, enhancing liquidity and flexibility for professional market participants.