KuCoin Will Add RedStone (REDSTONE) on Margin, Futures, Saving, Convert and Fast Trade
03/05/2025, 17:12:02
Dear KuCoin Users,
We are excited to announce that KuCoin now open Margin Trading, Futures Trading, Convert, and Saving services for REDSTONE.
REDSTONE Margin Trading Details:
Trading Opening Time: 15:00 on March 6, 2025 (UTC)
New Margin Asset: REDSTONE
New Borrowable Asset: REDSTONE
New Margin Pair: REDSTONE/USDT
*The Margin Coefficient of REDSTONE: 0.97
REDSTONE Futures Trading Details:
Trading Opening Time: 15:00 on March 6, 2025 (UTC)
Underlying asset: REDSTONE
Settlement Asset: USDT
Maximum leverage: 1-50x
REDSTONE Convert Trading Details：
REDSTONE will be added to KuCoin Convert at 14:00 on March 6, 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.
REDSTONE Saving Coin Details：
Opening Time: 16:00 on March 6, 2025 (UTC)
Expected APR: 4%
Soft Cap of Single User: 10
Hard Cap of Single User: 200000
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 REDSTONE with VISA/MasterCard, Fiat Balance, Revolut Pay, Blik, P2P Express or buy and sell REDSTONE with their fiat balances on the “Fast Trade” page, available within the upcoming week after REDSTONE is listed on KuCoin Spot.
🎁Deposit REDSTONE to KuCoin to Get Trading Fee Discount Coupon
Users who deposit any REDSTONE before 16:00:00 on March 18, 2025 (UTC), will receive a 50 USDT Spot trading fee discount coupon for REDSTONE-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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