KuCoin Will Add Nillion (NIL) on Margin, Futures, Saving, Convert and Fast Trade
Dear KuCoin Users,
We are excited to announce that KuCoin now open Margin Trading,Futures Trading, Saving, Convert, and Fast Trade services for NIL.
NIL Margin Trading Details:
Trading Opening Time: 14:00 on March 24, 2025 (UTC)
New Margin Asset: NIL
New Borrowable Asset: NIL
New Margin Pair: NIL/USDT
*The Margin Coefficient of NIL: 0.97
NIL Futures Trading Details:
Trading Opening Time: 12:00 on March 24, 2025 (UTC)
Underlying asset: NIL
Settlement Asset: USDT
Maximum leverage: 1-30x
NIL Convert Trading Details：
NIL will be added to KuCoin Convert at 14:00 on March 24, 2025 (UTC), 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.
NIL Saving Coin Details：
Opening Time: 12:00 on March 24, 2025 (UTC)
Expected APR: 4%
Soft Cap of Single User: 100
Hard Cap of Single User: 2000000
Redemption Period: Immediately
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All KuCoin users can go to the KuCoin Earn website and choose their desired product to stake.
Fast Trade:
Users can buy NIL with VISA/MasterCard, Fiat Balance, Revolut Pay, Blik, P2P Express or buy and sell NIL with their fiat balances on the “Fast Trade” page, available within the upcoming week after NIL is listed on KuCoin Spot.
🎁Deposit NIL to KuCoin to Get Trading Fee Discount Coupon
(the link will be available once the NIL trading opens on KuCoin)
Users who deposit any NIL before 16:00:00 on March 28, 2025 (UTC), will receive a 50 USDT Spot trading fee discount coupon for NIL-USDT trading pair. To get the rewards, user must participate through the activity page by clicking the JOIN NOW button above.
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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