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KuCoin Opens 20x Moonshot AI Pre-IPO Perpetual Trading

Bitcoinist
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TL;DR KuCoin has listed a MOONSHOTUSDT pre-IPO stock index perpetual linked to Beijing Moonshot AI Technology. The contract trades 24/7 with up to 20x leverage and settles in USDT. Traders are buying a synthetic derivative, not Moonshot AI shares or an allocation in a future IPO. KuCoin is giving traders another way to speculate on […]

Key Takeaways

  1. TL;DR KuCoin has listed a MOONSHOTUSDT pre-IPO stock index perpetual linked to Beijing Moonshot AI Technology.
  2. The contract trades 24/7 with up to 20x leverage and settles in USDT.
  3. Traders are buying a synthetic derivative, not Moonshot AI shares or an allocation in a future IPO.
Read Full Article on Bitcoinist

Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.