KuCoin Launches MOVE Margin, Futures, Convert and Saving Services
Dear KuCoin Users,
We are excited to announce that KuCoin now opens Margin Trading, Futures Trading, KuCoin Convert with zero fees, and KuCoin Saving services for MOVE.
MOVE Margin Trading Details:
Trading Opening Time: 14:00 on December 9, 2024 (UTC)
New Margin Asset: MOVE
New Borrowable Asset: MOVE
New Margin Pair: MOVE/USDT
The Margin Coefficient of MOVE: 0.97
MOVE will be added to KuCoin Convert at 12:00 UTC on December 9, 2024! 0 trading fees will be charged! Trade Now>>>
*KuCoin Convert is a live request for quotation (RFQ) platform in which you can now easily convert different assets. Once trades are confirmed, you will receive quick settlement directly into your KuCoin account.
MOVE Futures Trading Details:
Trading Opening Time: 14:00 on December 9, 2024 (UTC)
Underlying asset: MOVE
Settlement Asset: USDT
Maximum leverage: 1-50x
MOVE Saving Coin Details：
Opening Time: 14:00 on December 9, 2024 (UTC)
Expected APR: 4%
Soft Cap of Single User: 10
Hard Cap of Single User: 500000
Redemption Period: Real Time
* All KuCoin users can go to the KuCoin Earn website and choose their desired product to stake.
References:
Differences Between Isolated Margin and Cross Margin
Tutorial for Futures Trading: Web Tutorial, APP Tutorial
Risk Warning: Margin and futures trading involve high risks and the potential for significant gains or losses. Severe price fluctuations may lead to forced liquidation and the loss of your entire margin balance.Users are strongly advised to fully understand the risks, choose appropriate leverage, and use stop-loss measures to mitigate potential losses. All trades are made at your own discretion and risk. KuCoin assumes no responsibility for any trading losses.
Regards,
The KuCoin Team
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