KuCoin Will Add DuckChain (DUCK) on Margin, Futures, Convert, Saving and Fast Trade
01/14/2025, 18:36:02
We are excited to announce that KuCoin now open Margin Trading, Futures Trading, Convert, Saving and Fast Trade services for DUCK.
DUCK Margin Trading Details:
Trading Opening Time: 12:00 on January 16, 2025 (UTC)
New Margin Asset: DUCK
New Borrowable Asset: DUCK
New Margin Pair: DUCK/USDT
*The Margin Coefficient of DUCK: 0.97
DUCK Futures Trading Details:
Trading Opening Time: 12:00 on January 16, 2025 (UTC)
Underlying asset: DUCK
Settlement Asset: USDT
Maximum leverage: 1-50x
DUCK Convert Trading Details：
DUCK will be added to KuCoin Convert at 10:00 on January 16, 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.
DUCK Saving Coin Details：
Opening Time: 12:00 on January 16, 2025 (UTC)
Expected APR: 4%
Soft Cap of Single User: 100
Hard Cap of Single User: 5,000,000
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 DUCK with VISA/MasterCard, Fiat Balance, Revolut Pay, Blik, P2P Express or buy and sell DUCK with their fiat balances on the “Fast Trade” page, available within the upcoming week after DUCK is listed on KuCoin Spot.
🎁Deposit DUCK to KuCoin to Get Trading Fee Discount Coupon
Users who deposit any DUCK before 16:00:00 on January 23, 2025 (UTC), will receive a 50 USDT Spot trading fee discount coupon each. The coupon will be distributed within 3 business days after deposited.
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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