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KuCoin Adds Nike, Accenture And Shipping ETF Perpetuals With 20x Leverage

Published Source: BitcoinistRead original

Crypto Insight Summary: TL;DR KuCoin Futures has launched stock-index perpetual contracts tracking Nike, Accenture and the Breakwave Tanker Shipping ETF. The contracts are settled in USDT, trade continuously and support leverage of up to 20x. They are synthetic derivatives and do not give traders ownership of the underlying shares or ETF units. KuCoin is extending its crypto-style perpetual […] Crypto Insight Analysis: Direction: Bullish KCS Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: New derivatives offerings may boost trading volume and platform revenue.

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