KuCoin, an IDG-backed cryptocurrency exchange, today announced that the public beta of its derivatives trading platform KuMEX has been launched. KuMEX will firstly open the Bitcoin Perpetual Contract (XBTUSDM) and offer up to 20x leverage. To celebrate the launch, KuMEX will initiate a trading competition, with 10,000 KCS being offered as rewards for users according to their return rate ranking. After the official release of KuMEX, the platform will use 50% of the net revenue from KuMEX for KuCoin Bonus distribution to KCS holders. Read more about this on: https://medium.com/kucoinexchange/kucoin-derivatives-trading-platform-kumex-goes-live-offering-20x-leverage-bitcoin-perpetual-26ea5dcf2a29
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