KuCoin Will Add Succinct (PROVE) on Margin, Futures, Saving, Convert and Fast Trade
08/05/2025, 17:03:02
We are excited to announce that KuCoin will open Margin Trading, Futures Trading, Saving, Convert, and Fast Trade services for PROVE.
PROVE Margin Trading Details:
Trading Opening Time: 19:00 on August 5, 2025 (UTC)
New Margin Asset: PROVE
New Borrowable Asset: PROVE
New Margin Pair: PROVE/USDT
*The Margin Coefficient of PROVE: 0.97
PROVE Futures Trading Details:
Trading Opening Time: 17:05 on August 5, 2025 (UTC)
|
Settlement crypto |
USDT |
|
Capped Funding Rate |
+2.00% / -2.00% |
|
Funding Fee Settlement Frequency |
Every Four Hours |
|
Contract size |
1 Contract = 1 PROVE |
|
Tick size |
0.00001 |
|
Maximum leverage |
50x |
PROVE Convert Trading Details：
PROVE will be added to KuCoin Convert at 18:00 on August 5, 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.
PROVE Saving Coin Details：
Opening Time: 16:00 on August 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 PROVE with VISA/MasterCard, Fiat Balance, Revolut Pay, Blik, P2P Express or buy and sell PROVE with their fiat balances on the “Fast Trade” page, available within the upcoming week after PROVE is listed on KuCoin Spot.
🎁Deposit PROVE to KuCoin to Get Trading Fee Discount Coupon
(This link will be available before the campaign starts)
Users who deposit any PROVE before 16:00:00 on August 11, 2025 (UTC), will receive a 10 USDT Spot trading fee discount coupon for PROVE-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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