- KuCoin has listed Pudgy Penguins (PENGU) and buying and selling will start at this time.
- PENGU is out there in a number of KuCoin companies, together with Margin Buying and selling, Futures, Convert and Saving.
- Customers who deposit PENGU by December thirtieth will obtain a 50 USDT buying and selling price low cost coupon.
World crypto trade KuCoin has formally introduced the launch of Pudgy Penguins (PENGU), a rising crypto mission on the Solana community. The trade revealed the listing at this time via its official web site and verified social media channels.
The announcement confirmed that market individuals can now begin depositing the PENGU token on KuCoin via the Solana community. Buying and selling in opposition to USDT began at this time at 14:00 UTC. Withdrawals will probably be accessible after 24 hours.
KuCoin expressed its pleasure to welcome PENGU to its spot platform, recognizing it as a promising mission within the crypto house.
About penguins (PENGU)
For these not within the know, Pudgy Penguins have made a big mark within the crypto world over the previous three years. With a rising world presence, the mission has amassed hundreds of thousands of followers and obtained greater than 50 billion views, making it a beloved image of well-liked tradition.
With PENGU, Pudgy Penguins followers—and the hundreds of thousands who see the character daily—can join extra deeply with the mission.
PENGU accessible for margin, futures, conversion, storage and fast commerce
Along with spot buying and selling, KuCoin will add PENGU to different platform companies. These embrace Margin Buying and selling, Futures Buying and selling, KuCoin Switch, KuCoin Financial savings and Fast Commerce.
- Margin Buying and selling: Beginning at 15:00 UTC on December seventeenth, PENGU will probably be accessible for margin buying and selling on KuCoin. The PENGU/USDT margin pair could have a margin coefficient of 0.97. PENGU may even change into a loanable asset, providing merchants better 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 probably 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 probably be accessible on KuCoin Saving from 16:00 UTC. Customers can stake their PENGU at an anticipated 4% APR with versatile redemption choices. The comfortable cap for particular person customers is ready at 10,000 PENGU and the exhausting cap is ready at 1,000,000 PENGU.
- Quick Commerce: For customers on the lookout for fast and straightforward purchases, the KuCoin Quick Commerce service will allow the acquisition of PENGU utilizing numerous fee strategies equivalent to VISA/MasterCard, Fiat Steadiness, Revolut Pay, Blik and P2P Categorical. This service will probably be accessible inside every week of the token itemizing 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 thirtieth will obtain a 50 USDT spot buying and selling price low cost coupon. The voucher will probably be distributed inside three working days after the deposit.
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