Working as a leading cryptocurrency exchange supporting technology-packed projects, KuCoin has announced new upgrades of the sub-account function for its customers. This revolutionary service will help users to enjoy a seamless and innovative trading system. Users can manage and control several sub-accounts under their master account on the exchange. The Twitter post released by KuCoin stated:
#KuCoin has now upgraded the sub-account function. Users can manage and control multiple sub-accounts under their master account. You can set up sub-accounts in Account Overview>>Sub-Account on KuCoin's official website.
Details: https://t.co/OJZN6CbfSs pic.twitter.com/mtacGrF4ch
— KuCoin (@kucoincom) September 25, 2020
As per the blog post, the sub-accounts facility has been launched on KuCoin’s website portal and will be available for public deployment on the native exchange app. The investors can set up sub-accounts in Account Overview>>Sub-Account on the website. The sub-account holders will not be allowed to participate in important activities, including Pool-X, airdrop events, Spotlight, etc. offered by the exchange.
Upgraded Functions on KuCoin Exchange
- Each master account holder shall be allowed to create a maximum of 100 sub-accounts easily.
- Investors can use the master account to manage various functions, including:
- Creation of sub-accounts
- Transfer of assets
- Freezing of accounts
- Login reset
- Transaction password
- Google verification, etc.
- The users will get the login name of the sub-account at the time of creating the master account.
- The sub-accounts will be tied to a phone and email address different from the master accounts. Once the binding is done, users can log in with their phone, email, and sub-accounts names.
- The KYC authentication process of the sub-accounts and the master account and the transaction fee charges are identical.
- The sub-accounts will not be allowed to withdraw funds. Transferring and withdrawal of funds to the sub-account shall be made by the master account.
- Sub-accounts will be used by investors for trading in the Spot, Margin, and KuCoin Futures products available on the website.
