KuMEX Cryptocurrency Derivatives Trading Platform Will Go Live

By posted on July 7, 2019 12:16PM
KuMEX Cryptocurrency Derivatives Trading Platform Will Go Live

KuMEX is a brand new cryptocurrency derivatives trading platform, independently developed by the KuMEX team that offers various leveraged contracts. KuCoin will launch the public beta for KuMEX at 18:00 on July 8, 2019 (UTC+8). The public beta of KuMEX will be used for simulated trading only. Deposits and withdrawals will not be supported in the public beta. The development of a contract trading platform has extremely high requirements, and so the autonomy of technology is an important basis for the stable development of the contract trading platform in the long term.

KuMEX Platform Introduction

KuMEX will firstly open the Bitcoin Perpetual Contract (XBTUSDM) which is quoted in USD and denominated in Bitcoin and offers up to 20 times leverage. The platform currently supports three types of order: limit order, market order and stop order. After the official release of KuMEX, the platform will use 50% of the net revenue from KuMEX for KCS Bonus distribution for KCS holders.

Public Beta Activity

To celebrate the public beta launch of KuMEX, the platform will deposit demo assets of 1 XBT (that is, 1 BTC) into each user’s account for simulated trading. The activity will last for 3 weeks after launch, with a total rewards of 10,000 KCS for the first week of the event.

Recently Published Stories

Earn a 6% Return Staking XTZ, Available on Kraken December 13!

Kraken: Earn a 6% Return Staking Texos (XTZ)

The famous Bitcoin Exchange Kraken announced Proof of Stake (POS) for Texos (XTZ) Hodler. Key Advantages to Staking with Kraken:

Coinbase Generated Nearly $2B in Trading Fees Since 2012

Coinbase Made $2B in Fees Since 2012

At Vanity Fair’s New Establishment Summit, Coinbase CEO Brian Armstrong said that Coinbase has generated close to $2 billion in

KuCoin is extremely proud to announce yet another great project coming to our trading platform. Wirex Token (WXT) is now available on KuCoin. Supported trading pairs include WXT/BTC and WXT/USDT.

Wirex Token (WXT) Gets Listed on KuCoin!

KuCoin announced yet another great project coming to our trading platform. Wirex Token (WXT) is now available on KuCoin. Supported

X