KuCoin Cross Margin Adds the Pudgy Penguins (PENGU)

KuCoin Cross Margin Adds the Pudgy Penguins (PENGU)

12/19/2024, 11:24:02

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Dear KuCoin Users,

To enrich the variety of assets available, KuCoin’s Cross Margin Trading platform has added the Pudgy Penguins (PENGU) asset and trading pair.

New Cross Margin Asset: PENGU

New Cross Margin Pair: PENGU/USDT

*The Margin Coefficient of PENGU: 0.97

What is Margin Coefficient?

Margin Instruction:

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Tips:

Differences Between Isolated Margin and Cross Margin


Risk Warning

Margin trading refers to the practice of borrowing funds with a relatively lower amount of capital to trade financial assets and obtain bigger profits. However, due to market risks, price fluctuations, and other factors, you are strongly recommended to be prudent about your investment actions, adopt an appropriate leverage level for margin trading, and properly stop your losses in a timely manner. KuCoin assumes no responsibility for any losses arising from the trade.

Thanks for your support!

The KuCoin Team

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