KuCoin Will Add SOON (SOON) on Margin, Futures, Saving, Convert and Fast Trade
Dear KuCoin Users,
We are excited to announce that KuCoin will open Margin Trading,Futures Trading, Saving, Convert, and Fast Trade services for SOON.
SOON Margin Trading Details:
Trading Opening Time: 13:00 on May 23, 2025 (UTC)
New Margin Asset: SOON
New Borrowable Asset: SOON
New Margin Pair: SOON/USDT
*The Margin Coefficient of SOON: 0.97
SOON Futures Trading Details:
Trading Opening Time: 11:05 on May 23, 2025 (UTC)
Underlying asset: SOON
Settlement Asset: USDT
Maximum leverage: 1-50x
SOON Convert Trading Details：
SOON will be added to KuCoin Convert at 12:00 on May 23, 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.
SOON Saving Coin Details：
Opening Time: 13:00 on May 23, 2025 (UTC)
Expected APR: 4%
Soft Cap of Single User: 10
Hard Cap of Single User: 500000
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 SOON with VISA/MasterCard, Fiat Balance, Revolut Pay, Blik, P2P Express or buy and sell SOON with their fiat balances on the “Fast Trade” page, available within the upcoming week after SOON is listed on KuCoin Spot.
🎁Deposit SOON to KuCoin to Get Trading Fee Discount Coupon
(This link will be available once SOON trading opens on KuCoin)
Users who deposit any SOON before 16:00:00 on May 29, 2025 (UTC), will receive a 10 USDT Spot trading fee discount coupon for SOON-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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