KuCoin Futures to Convert Pre-IPO Contract to Standard Stock Index Perpetual Contract for QNTX

KuCoin Futures will complete the conversion of the Pre-IPO Trading of the QNTX USDⓈ-Margined Stock Index Perpetual Contract to the Standard QNTXUSDT USDⓈ-Margined Stock Index Perpetual Contract within 2 hours after the corresponding stock completes its traditional market auction and enters regular trading, subject to stable index conditions. (If index stability requirements are not met within the specified timeframe, the conversion process will be deferred and will resume once stability is restored.)

Trading activities and existing positions will remain unaffected throughout the conversion process.After the conversion is completed, the QNTX Standard Stock Index Perpetual Contract will support up to 20x leverage, and the risk limit parameters will also be updated. Please adjust your trading strategies in advance. The basic parameters of the contract are as follows:

The mark price formula during the migration transition period is as follows. For more details, please refer to the Help Center.

* Depending on market risk conditions, KuCoin may adjust the parameters from time to time. This includes, but is not limited to, the tick size, maximum leverage, and maintenance margin rate.

Risk Warning:

Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market. However, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.

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