KuCoin Will Add Sophon (SOPH) on Margin, Futures, Saving and Convert
Dear KuCoin Users,
We are excited to announce that KuCoin will open Margin Trading, Futures Trading, Saving and Convert services for SOPH.
SOPH Margin Trading Details:
Trading Opening Time: 15:00 on May 28, 2025 (UTC)
New Margin Asset: SOPH
New Borrowable Asset: SOPH
New Margin Pair: SOPH/USDT
*The Margin Coefficient of SOPH: 0.97
SOPH Futures Trading Details:
Trading Opening Time: 13:30 on May 28, 2025 (UTC)
Underlying asset: SOPH
Settlement Asset: USDT
Maximum leverage: 1-50x
SOPH Convert Trading Details：
SOPH will be added to KuCoin Convert at 14:00 on May 28, 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.
SOPH Saving Coin Details：
Opening Time: 14:00 on May 28, 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 SOPH with VISA/MasterCard, Fiat Balance, Revolut Pay, Blik, P2P Express or buy and sell SOPH with their fiat balances on the “Fast Trade” page, available within the upcoming week after SOPH is listed on KuCoin Spot.
🎁Deposit SOPH to KuCoin to Get Trading Fee Discount Coupon
(This link will be available once KERNEL trading opens on KuCoin)
Users who deposit any SOPH before 16:00:00 on June 2, 2025 (UTC), will receive a 10 USDT Spot trading fee discount coupon for SOPH-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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