KuCoin Lists Pudgy Penguins (PENGU), Increasing Entry to Margin, Futures, and Extra

• KuCoin has listed Pudgy Penguins (PENGU), and buying and selling will begin at the moment.
• PENGU is obtainable throughout a number of KuCoin companies, together with Margin Buying and selling, Futures, Convert, and Saving.
• Customers who deposit PENGU earlier than December 30 will obtain a 50 USDT buying and selling payment low cost coupon.

World crypto trade KuCoin has formally introduced the itemizing of Pudgy Penguins (PENGU), a rising crypto venture on the Solana community. The trade revealed the itemizing by its official web site and verified social media channels at the moment.

The announcement confirmed that market members can now begin depositing the PENGU token on KuCoin by way of the Solana community. Buying and selling in opposition to USDT began at 14:00 UTC at the moment. Withdrawals will likely be accessible after 24 hours.

KuCoin expressed its pleasure about welcoming PENGU to its spot platform, recognizing it as a promising venture inside the crypto house.

About Pudgy Penguins (PENGU)

For these unfamiliar, Pudgy Penguins has made a major mark within the crypto world over the previous three years. With a rising international presence, the venture has amassed hundreds of thousands of followers and garnered over 50 billion views, making it a beloved image in standard tradition.

With PENGU, Pudgy Penguins followers—and the hundreds of thousands who see the character day-after-day—can join with the venture extra deeply.

PENGU Out there on Margin, Futures, Convert, Saving, and Quick Commerce

Moreover spot buying and selling, KuCoin will add PENGU to different platform companies. These embrace margin buying and selling, futures buying and selling, KuCoin Convert, KuCoin Saving, and Quick Commerce.

• Margin Buying and selling: Beginning at 15:00 UTC on December 17, PENGU will likely be accessible for margin buying and selling on KuCoin. The PENGU/USDT margin pair will characteristic a margin coefficient of 0.97. PENGU will even change into a borrowable asset, providing merchants extra place flexibility.

• KuCoin Convert: Out there from 14:00 UTC, KuCoin Convert will permit customers to simply convert PENGU to different belongings with out paying any buying and selling charges.

• Futures Buying and selling: Beginning at 24:00 UTC, PENGU will likely be listed on KuCoin’s Futures Buying and selling platform with as much as 50x leverage. Merchants can use PENGU because the underlying asset, with USDT because the settlement asset.

• KuCoin Saving: PENGU will likely be accessible on KuCoin Saving beginning at 16:00 UTC. Customers can stake their PENGU at an anticipated APR of 4%, with versatile redemption choices. The comfortable cap for particular person customers is ready at 10,000 PENGU, and the exhausting cap is 1,000,000 PENGU.

• Quick Commerce: For customers searching for fast and straightforward purchases, KuCoin’s Quick Commerce service will allow the acquisition of PENGU utilizing numerous fee strategies reminiscent of VISA/MasterCard, Fiat Steadiness, Revolut Pay, Blik, and P2P Specific. This service will likely be accessible inside per week of the token being listed on KuCoin Spot.

To have a good time the launch of PENGU, KuCoin is providing an unique promotion. Customers who deposit PENGU earlier than 16:00 UTC on December 30 will obtain a 50 USDT Spot buying and selling payment low cost coupon. The voucher will likely be distributed inside three enterprise days after the deposit.