KuCoin Renames Convert Plus to Protective Buy

Dear KuCoin Users,

Started from June 27, 2024 (UTC), the “Convert Plus” product has been officially renamed to “Protective Buy.” This renaming aims to better reflect the product’s characteristics and enhance user experience. Please note that this change only affects the product name; the product’s features and historical orders will remain unchanged.

• What is Protective Buy?

Protective Buy is a structured product designed to protect profits and compensate for opportunity costs in cryptocurrency trading. If users want to purchase crypto but are worried about price declines, Protective Buy ensures they receive more coins even during market downturns. Similarly, for those looking to sell but are concerned about price increases, Protective Buy guarantees they receive extra USDT if the price subsequently rises.

Risk Warning:

KuCoin Earn is a risk investment channel. Investors should be sensible in their participation and be aware of investment risks. The KuCoin Group is not liable for users’ investment gains or losses. The information we provide is for users to conduct their own research. It is not investment advice. The KuCoin Group reserves the right of final interpretation of the activity. KuCoin is not responsible for any loss of assets caused by the user's own investment decisions or related behaviors, and the user should assume full responsibility.

Thank you for your support!

The KuCoin Earn Team

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