KuCoin Embraces Web3 Future with Soul Society HON Token Listing

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  • KuCoin proclaims support for Soul Society’s HON token on its trading platform.
  • HON tokens can now be deposited with trading starting January 17 with the USDT pair.
  • Soul Society is a crypto project focused on developing a Web3 Social ID.

The widely recognized centralized cryptocurrency exchange KuCoin has declared its endorsement for Soul Society, a crypto project leading the way in developing a Web3 Social ID. Through an official blog post and communication on its X handle, KuCoin revealed its intentions to include the native token of Soul Society, HON, in its list of supported assets.

In the notification, KuCoin expressed pride in supporting the HON token on its spot trading service. According to the announcement, the door for deposits of HON tokens has been opened for the supported network Ethereum ERC20.

Notably, the trading of HON officially begins on Wednesday, January 17. The designated trading pair for HON is the Tether USD (USDT) stablecoin. Users will gain the capability to withdraw their HON starting the following day, Thursday, January 18.

To provide context, Soul Society is leading the charge in crafting a Web3 Social ID, transforming daily existence through Growth-Type Soul Bound Tokens (SBTs). By transforming routine activities into rewarding quests, it introduces a distinctive blockchain-based social identity that imbues daily actions with value.

Similarly, KuCoin has supported the Manta ecosystem, a modular blockchain focused on zero-knowledge (ZK) applications. A team of entrepreneurs with affiliations to Harvard, MIT, and Algorand founded the Manta Network.

Prior to extending support for the native token of Manta Network, MANTA, KuCoin had listed other growing crypto projects with innovative goals. Notably, KuCoin listed  SNS, the native token of the TrendFi music platform Sonorus, which strives to bridge the realms of cryptocurrency and music, offering users incentives and rewards.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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