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Dear KuCoin Users,
To enrich the variety of assets available, KuCoin’s Isolated Margin Trading platform has added the Pyth Network (PYTH) asset and trading pair.
New Margin Asset: PYTH
New Borrowable Asset: PYTH
New Margin Pair: PYTH/USDT
*The Margin Coefficient of PYTH: 0.95
What you need to know about isolated margin before starting isolated margin trading:
Margin trading refers to the practice of borrowing funds with a relatively lower amount of capital to trade financial assets and obtain bigger profits. However, due to market risks, price fluctuations, and other factors, you are strongly recommended to be prudent about your investment actions, adopt an appropriate leverage level for margin trading, and properly stop your losses in a timely manner. KuCoin assumes no responsibility for any losses arising from the trade.
Thanks for your support!
The KuCoin Team
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The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.