Dear KuCoin Users:
KuCoin Futures will launch the following perpetual contract as below:
|
USDⓈ-M Perpetual Contract
|
VELO (VELO)
|
| Settlement crypto | USDT |
| Capped Funding Rate | +2.00% / -2.00% |
| Funding Fee Settlement Frequency | Every Four Hours |
| Contract size | 1 Contract = 100 VELO |
| Tick size |
0.000001
|
| Maximum leverage | 50x |
| Trading hours | 24/7 |
* Depending on market risk conditions, Kucoin may adjust the parameters from time to time. This includes, but is not limited to, the tick size, maximum leverage, and maintenance margin rate.
Quick Start Tutorial for Futures Trading:
Risk Warning: Futures trading is a high-risk activity with the potential for huge gains and huge losses. Previous gains do not indicate future returns. Severe price fluctuations may result in the forced liquidation of your entire margin balance. This information should not be regarded as investment advice from KuCoin. All trading is done at your own discretion and your own risk. KuCoin is not liable for any losses resulting from Futures trading.
Thank you for your support!
The KuCoin Team
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