• KuCoin has listed Pudgy Penguins (PENGU) and buying and selling begins at present.
• PENGU is obtainable for a number of KuCoin providers together with margin buying and selling, futures, conversion, and financial savings.
• Customers who deposit PENGU by December thirtieth will obtain a 50 USDT transaction payment low cost coupon.

World cryptocurrency alternate KuCoin has formally introduced the itemizing of Pudgy Penguins (PENGU), a rising cryptocurrency undertaking on the Solana community. The alternate introduced the itemizing at present by its official web site and verified social media channels.

This announcement confirms that market members can start depositing PENGU tokens to KuCoin through the Solana community. Buying and selling in opposition to USDT started at present at 14:00 UTC. Withdrawals will probably be obtainable after 24 hours.

KuCoin acknowledged PENGU as a promising undertaking within the cryptocurrency area and expressed its pleasure to welcome PENGU to its Spot platform.

About Pudsey Penguins (PENGU)

For these unfamiliar, Pudgy Penguins has made an enormous mark within the crypto world over the previous three years. With a rising international presence, the undertaking has garnered thousands and thousands of followers, greater than 50 billion views, and turn into a beloved image in popular culture.

PENGU permits Pudgy Penguins followers, and the thousands and thousands of people that see the characters every single day, to attach extra deeply with the undertaking.

PENGU is obtainable on margin, futures, converts, financial savings, and quick trades

Along with spot buying and selling, KuCoin additionally plans so as to add PENGU to different platform providers. These embody margin buying and selling, futures buying and selling, KuCoin Convert, KuCoin Saving, and Quick Commerce.

• Margin Buying and selling: Beginning December seventeenth 15:00 UTC, PENGU will have the ability to commerce on KuCoin on margin. The margin issue for the PENGU/USDT margin pair is 0.97. PENGU may also be a borrowable asset, offering merchants with place flexibility.

• KuCoin Convert: KuCoin Convert permits customers to simply convert PENGU to different property with out paying transaction charges.

• Futures Buying and selling: From 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 and USDT because the settlement asset.

• KuCoin Saving: PENGU will probably be obtainable on KuCoin Saving from 16:00 UTC. Customers can stake PENGU at an anticipated annual rate of interest of 4% with versatile redemption choices. The comfortable cap for particular person customers is about at 10,000 PENGU and the arduous cap is about at 1,000,000 PENGU.

• Quick Commerce: For customers on the lookout for fast and straightforward purchases, KuCoin's Quick Commerce service means that you can purchase PENGU utilizing quite a lot of fee strategies, together with VISA/MasterCard, fiat stability, Revolut Pay, Blik, and P2P Categorical. It would appear to be this. This service will probably be obtainable inside one week after the token is listed on KuCoin Spot.

To have fun the launch of PENGU, KuCoin is providing an unique promotion. Customers who deposit PENGU earlier than December thirtieth 16:00 UTC will obtain a spot buying and selling payment low cost coupon of fifty USDT. Vouchers will probably be distributed inside 3 enterprise days after fee.