KuCoin Adds Nike, Accenture And Shipping ETF Perpetuals With 20x Leverage
Summary
KuCoin has launched USDT-margined perpetual contracts tracking Nike, Accenture and the Breakwave Tanker Shipping ETF, offering leverage from 1x to 20x and trading around the clock. The contracts provide synthetic price exposure, not ownership, voting rights or delivery of the underlying securities. Funding settles every eight hours, with rates initially capped at ±2%. 24/7 trading allows reaction to news outside U.S. market hours, but may cause prices to diverge from cash markets; leverage can magnify losses and trigger liquidations. The launch extends crypto-style derivatives to traditional assets.
