KuCoin To Launch Margin Trading Tomorrow

KuCoin To Launch Margin Trading Tomorrow

Expanding exchange platform, KuCoin has announced they are in the process of setting up a new margin trading service.

If someone was going to point their finger towards one of the most prominent advancements within 2019 at cryptocurrency exchange platforms, then it would it have to be the launch of margin trading services.

Over the last 6 months or so, the industry has seen numerous platforms incorporating the option, including CoinEx and Binance, who both threw their hats into this ring within weeks of one another. The latest platform who has now set their sights on this market is KuCoin.

KuCoin has seen under a rapid change over the course of 2019. In Summertime, they announced the inclusion of a new Soft Staking program, as well as rewards for traders who hold onto their native KuCoin Shares, which resulted in a price surge. While over the last couple of months, they have been rapidly adding new trading options to their platform, as well as adding 14 new updates to the exchange service. However, proposed margin trading is the first real branch out into whole new trading territory for the platform as they seem intent on beckoning in new dawns in their company’s history.

While we do not know exactly how this margin trading service will look just yet, we do not have long to wait. As KuCoin has indicated that it will go live by the end of the week, with a scheduled deployment of the service pegged for between 14:00 to 18:00 on October 31, 2019 (UTC+8). During which time the platform will be down for maintenance, with them informing users of these three elements to consider during the 4-hour deployment period:

  1. Transaction and order cancellation services will be suspended from 14:00 to 14:30 (UTC+8).
  2. Order trading may become unstable during the upgrade period.
  3. OTC and KuMEX services will not be affected.

For now, this is all we know, but when the option goes live we will be sure to be checking it out and informing you exactly how it works and whether it is worth checking out. In the meantime, head over to KuCoin and see how their service currently operates if you haven’t before.

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News


ChangeNOW Launches The NOW Tracker App

The young, but fast-growing online cryptocurrency exchange, ChangeNOW, has just announced the release of its latest product. The NOW Tracker is a free asset management app that lets users keep track of their coins and tokens across different wallets. Available on Google Play and the App Store, NOW Tracker is flexible and functional. This solution […]

9 September, 2021

eToro Becomes An Official Partner Of RB Leipzig

The world’s leading social investment network, eToro, has recently announced a new and exciting partnership. According to an announcement on eToro’s Twitter page, the company has become the latest partner of the German football team, RB Leipzig. A two-year partnership agreement has been signed between the parties. Running until 2023, this agreement can be extended […]

24 August, 2021

PSG’s Messi To Receive Part Of His Salary In Cryptocurrency

The Argentinian footballer, Lionel Messi, has made headline news several times in the past few weeks. Following his surprise departure from FC Barcelona, the player confirmed that he will be joining Paris Saint-Germain FC. The move was significantly newsworthy but got even more interest when it was announced that part of the footballer’s salary will […]

23 August, 2021

KingTiger Casino Announces Shut Down

KingTiger Casino has announced that it has ceased all operations until further notice. According to its website, the casino has had to “temporarily close” due to Ethereum network congestion. It is not yet clear if and when this online Bitcoin casino will reopen. Registered players can still access their wallet and withdraw their funds. A […]

12 August, 2021

CryptoCasino Announces Temporary Close

CryptoCasino has stopped operating until further notice. According to a landing page on their website, the casino is undergoing an update. There is no information about when the casino will reopen or the reason why an update required the website to shut down temporarily. Players who hold a crypto wallet account with CryptoCasino need not […]

11 August, 2021

Binance Suspends SEPA Inward Payments Until Further Notice

Binance Suspends SEPA Inward Payments Until Further Notice Binance has just announced that it has temporarily stopped all incoming SEPA payments. As a result, users will no longer be able to deposit euros using the primary European payments network. The world’s largest cryptocurrency exchange did not provide any specific information regarding the reason behind this […]

12 July, 2021

Why are Crypto Holders Worried of Declaring Their Ownership?

Cryptocurrencies have been popularly regarded as the future of finance globally. Investing in virtual coins has become a lot easier than it was a few years ago with the evolving crypto industry. Over the last few years, Bitcoin has caused a lot of buzz in the market. It has established itself as the de facto […]

8 July, 2021

Bitcoin On The Rebound Following Elon Musk’s Latest Announcement

The price of the world’s largest cryptocurrency is rising again following the latest comments from Elon Musk. Bitcoin’s price has climbed and stayed above $40,000 on Monday 14th June, following an announcement by Musk that Tesla will, once again, start accepting BTC payments. The latest comments have proven once more what a powerful influence the […]

16 June, 2021