KuCoin Will Add Wise Monkey (MONKY) on Margin, Convert, Saving and Fast Trade

Dear KuCoin Users,

We are excited to announce that KuCoin now open Margin Trading, Futures Trading, KuCoin Convert with zero fees, and KuCoin Saving services for MONKY . 

MONKY Margin Trading Details:

Trading Opening Time: 07:00 on December 13, 2024 (UTC)

New Margin Asset: MONKY

New Borrowable Asset: MONKY

New Margin Pair: MONKY/USDT

*The Margin Coefficient of MONKY: 0.97

MONKY will be added to KuCoin Convert at 10:00 UTC on December 12, 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.

MONKY Saving Coin Details：

Opening Time: 16:00 on December 12, 2024 (UTC)

Expected APR: 4%

Soft Cap of Single User: 1,000,000

Hard Cap of Single User: 10,000,000,000

Redemption Period: Immediately

• All KuCoin users can go to the KuCoin Earn website and choose their desired product to stake.

Fast Trade:
Users can buy MONKY with VISA/MasterCard, Fiat Balance, Revolut Pay, Blik, P2P Express or buy and sell MONKY with their fiat balances on the “Fast Trade” page, available within the upcoming week after MONKY is listed on KuCoin Spot. 

🎁Deposit MONKY to KuCoin to Get Trading Fee Discount Coupon

Users who activate the deposit address before 16:00:00 on December 31, 2024 (UTC), will receive a 50 USDT Spot trading fee discount coupon each. The voucher will be distributed within 3 business days after the address is activated. 

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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