KuMEX Increases Bitcoin Contracts Leverage to 100x
- The platform was launched earlier this year.

KuMEX, the derivatives platform of crypto exchange KuCoin, has increased the maximum leverage provided to traders from 20x to 100x for the offered Bitcoin perpetual contracts.
?#KuMEX has increased the maximum leverage to 100x for Bitcoin Perpetual Contract. Users can now select any leverage between 0.01x and 100x.
【Trade Now】https://t.co/qU5rBhTQIV 【More info】https://t.co/Qv2Gzo6LoW pic.twitter.com/Bb9Nlyi6uz — KuMEX (@KuMEX_Official) December 19, 2019
Commenting on the move, Michael Gan, chief executive of KuCoin, said: “We have recently started seeing emerging needs within Bitcoin futures trading from both retail traders and institutional investors. Our futures Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term KuMEX has proved its stability and security over the last few months, and so we are happy to introduce the 100x leverage feature, which will help our users develop a more tangible trading strategy.”
Can it compete with major players?
The crypto exchange launched its derivatives exchange in the middle of this year and used the same Bitcoin Spot Index used by the major platforms like Coinbase Pro, Bitstamp, and Kraken to avoid contracts being liquidated due to large price fluctuations of just one or two spot exchanges.
The derivative platform also launched Bitcoin quarterly futures contracts, which have no expiry date.
Founded in 2013, KuCoin is one of the exchanges with a wide range of offerings to the traders. The exchange conducted a Series A funding round last year and raised $13 million from well-known investors, including IDG Capital, Neo Global Capital, and Matrix Partners.
The exchange is focusing on global expansion, mostly in the European and Asian markets, and as already added support with nine languages.
Meanwhile, the crypto exchange also added the margin trading with its native KCS token and providing leverage of 10x to the traders.
KuMEX, the derivatives platform of crypto exchange KuCoin, has increased the maximum leverage provided to traders from 20x to 100x for the offered Bitcoin perpetual contracts.
?#KuMEX has increased the maximum leverage to 100x for Bitcoin Perpetual Contract. Users can now select any leverage between 0.01x and 100x.
【Trade Now】https://t.co/qU5rBhTQIV 【More info】https://t.co/Qv2Gzo6LoW pic.twitter.com/Bb9Nlyi6uz — KuMEX (@KuMEX_Official) December 19, 2019
Commenting on the move, Michael Gan, chief executive of KuCoin, said: “We have recently started seeing emerging needs within Bitcoin futures trading from both retail traders and institutional investors. Our futures Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term KuMEX has proved its stability and security over the last few months, and so we are happy to introduce the 100x leverage feature, which will help our users develop a more tangible trading strategy.”
Can it compete with major players?
The crypto exchange launched its derivatives exchange in the middle of this year and used the same Bitcoin Spot Index used by the major platforms like Coinbase Pro, Bitstamp, and Kraken to avoid contracts being liquidated due to large price fluctuations of just one or two spot exchanges.
The derivative platform also launched Bitcoin quarterly futures contracts, which have no expiry date.
Founded in 2013, KuCoin is one of the exchanges with a wide range of offerings to the traders. The exchange conducted a Series A funding round last year and raised $13 million from well-known investors, including IDG Capital, Neo Global Capital, and Matrix Partners.
The exchange is focusing on global expansion, mostly in the European and Asian markets, and as already added support with nine languages.
Meanwhile, the crypto exchange also added the margin trading with its native KCS token and providing leverage of 10x to the traders.