KuCoin has announced the listing of Sonic SVM (SONIC), a Solana-based token designed to power gaming and application development on the blockchain. Trading for the SONIC/USDT pair will commence on January 7 at 12:00 UTC, offering users new opportunities to engage with this innovative token.
Key Features of Sonic SVM
Sonic is the first SVM network extension developed for games and apps on the Solana blockchain. It powers the Web3 TikTok Application Layer and leverages the Sonic HyperGrid framework for Solana rollups, making it a standout project in the ecosystem.
Trading and Investment Options on KuCoin
With the listing of SONIC, KuCoin users gain access to several advanced trading and investment features:
- Margin Trading: Sonic can be traded with a 0.97 margin multiplier, enabling users to leverage their positions.
- Futures Trading: Up to 50x leverage is available for SONIC futures.
- KuCoin Convert: A fee-free token conversion service for seamless transactions.
- Staking with KuCoin Saving: SONIC offers a competitive 4% APR for staking, providing passive income opportunities.
- Fast Purchases: Buy SONIC using Visa, MasterCard, and other payment methods.
Limited-Time Promotion for New Users
KuCoin is offering a special promotion until January 11, 2025. Users who deposit SONIC during this period will receive a $30 USDT trading fee discount coupon, enhancing the value of early investments.
KuCoin’s Vision
By listing Sonic SVM, KuCoin aims to expand trading and investment options for its users while supporting innovative projects within the Solana ecosystem. The addition of SONIC reflects KuCoin’s commitment to fostering blockchain innovation and providing a diverse range of financial services.
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