- KuCoin has listed Pudgy Penguins (PENGU), and trading will start today.
- PENGU is available across multiple KuCoin services, including Margin Trading, Futures, Convert, and Saving.
- Users who deposit PENGU before December 30 will receive a 50 USDT trading fee discount coupon.
Global crypto exchange KuCoin has officially announced the listing of Pudgy Penguins (PENGU), a growing crypto project on the Solana network. The exchange revealed the listing through its official website and verified social media channels today.
The announcement confirmed that market participants can now start depositing the PENGU token on KuCoin via the Solana network. Trading against USDT started at 14:00 UTC today. Withdrawals will be available after 24 hours.
KuCoin expressed its excitement about welcoming PENGU to its spot platform, recognizing it as a promising project within the crypto space.
About Pudgy Penguins (PENGU)
For those unfamiliar, Pudgy Penguins has made a significant mark in the crypto world over the past three years. With a growing global presence, the project has amassed millions of followers and garnered over 50 billion views, making it a beloved symbol in popular culture.
With PENGU, Pudgy Penguins fans—and the millions who see the character every day—can connect with the project more deeply.
PENGU Available on Margin, Futures, Convert, Saving, and Fast Trade
Besides spot trading, KuCoin will add PENGU to other platform services. These include margin trading, futures trading, KuCoin Convert, KuCoin Saving, and Fast Trade.
- Margin Trading: Starting at 15:00 UTC on December 17, PENGU will be available for margin trading on KuCoin. The PENGU/USDT margin pair will feature a margin coefficient of 0.97. PENGU will also become a borrowable asset, offering traders more position flexibility.
- KuCoin Convert: Available from 14:00 UTC, KuCoin Convert will allow users to easily convert PENGU to other assets without paying any trading fees.
- Futures Trading: Starting at 24:00 UTC, PENGU will be listed on KuCoin’s Futures Trading platform with up to 50x leverage. Traders can use PENGU as the underlying asset, with USDT as the settlement asset.
- KuCoin Saving: PENGU will be available on KuCoin Saving starting at 16:00 UTC. Users can stake their PENGU at an expected APR of 4%, with flexible redemption options. The soft cap for individual users is set at 10,000 PENGU, and the hard cap is 1,000,000 PENGU.
- Fast Trade: For users looking for quick and easy purchases, KuCoin’s Fast Trade service will enable the purchase of PENGU using various payment methods such as VISA/MasterCard, Fiat Balance, Revolut Pay, Blik, and P2P Express. This service will be available within a week of the token being listed on KuCoin Spot.
Special Deposit Promotion
To celebrate the launch of PENGU, KuCoin is offering an exclusive promotion. Users who deposit PENGU before 16:00 UTC on December 30 will receive a 50 USDT Spot trading fee discount coupon. The voucher will be distributed within three business days after the deposit.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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