Kucoin will be launching a brand new derivatives trading platform KuMex (Derivative are the financial instrument whose value is derived from underlying asset, here in underlying asset may be equity share, commodity, currency, interest rate, This are the contract for fixed maturity date that is called expiry of the contract).
KuMEX is developed by the KuMEX team and it will offer various leveraged contracts. KuMEX public beta will be launched at 18:00 on July 8, 2019 (UTC+8). KuMEX public beta will be used for simulated trading only, deposits and withdrawals will not be supported.
To celebrate the public beta launch of KuMEX, the platform will deposit demo assets of 1 XBT (that is, 1 BTC) into each user’s account for simulated trading. The activity will last for 3 weeks after launch, with a total rewards of 10,000 KCS for the first week of the event.
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