KuCoin Introduces $SLERF Perpetual Contract with 30x Leverage

This milestone showcases KuCoin Futures’ dedication to expanding its financial products and meeting the dynamic needs of crypto traders.

Perpetual contracts are a type of futures contract with no expiry date, allowing traders to hold positions for as long as they desire.

KuCoin Futures Expands Portfolio with New $SLERF Contract

These contracts closely mirror spot prices, ideal for hedging or speculating on crypto price trends. Adding $SLERF USDT-M lets traders engage with this new asset on KuCoin Futures without ownership, offering strategic flexibility in a volatile market.

The offering of up to 30x leverage is particularly noteworthy. Leverage allows traders to amplify their trading positions, providing the potential for increased profits. However, Leverage can boost profits but also risk losses, emphasizing the need for careful risk management. KuCoin Futures stresses the need for risk awareness in leveraged trading and offers tools for effective risk management.

So, KuCoin Futures’ decision to launch the Perpetual Contract $SLERF USDT-M is aligned with its strategy to become a leading platform in the crypto derivatives market. KuCoin Futures expands its offerings to draw traders of all levels into the vibrant crypto trading scene.

More About $SLERF

Crypto.com has recently expanded its DeFi Wallet offerings by including a new listing: $SLERF. This listing on SOL-SPL marks a key addition for DeFi enthusiasts and investors.

$SLERF’s addition to the Crypto.com DeFi Wallet diversifies investment options, showing the platform’s dedication to the DeFi community’s needs.


The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.


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