- KuCoin will launch Grindery X (GX) spot trading on March 12 at 14:00 UTC.
- Deposits are already open via the ETH-ERC20 network.
- The GX/USDT trading pair will be available, along with multiple trading bot options.
The crypto exchange KuCoin has confirmed the listing of Grindery X (GX) on its spot trading platform. Trading for the GX/USDT pair will begin on March 12 at 14:00 UTC, following a call auction from 13:00 to 14:00 UTC.
Meanwhile, deposits for GX are already live on the Ethereum (ETH-ERC20) network, and withdrawals will be enabled starting March 13, 2025, at 10:00 UTC.
According to the announcement, KuCoin will support GX trading with automated trading bots, including Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend. This integration provides users with algorithm-driven strategies to enhance trading efficiency.
What Is Grindery X?
For those unaware, Grindery X is a Binance Labs-incubated startup aiming to simplify Web3 adoption. It offers a self-custodial, multi-chain smart wallet that’s built into Telegram, allowing users to conduct crypto transactions seamlessly.
Related: KuCoin Launches Form (FORM) GemPool Staking Program with 62.5M Tokens in Reward
Beyond just Telegram integration, Grindery X has other useful features for users. The platform supports gas-less transactions through a prepaid multi-chain gas tank. This means users don’t need to worry about separate gas fees for each transaction.
Being a self-custodial wallet, Grindery X prioritizes security by giving users complete control over their funds. Plus, the ability to complete transactions without leaving Telegram makes using blockchain technology much simpler.
KuCoin Expands Token Offerings, Pursues EU Licensing
KuCoin is focused on making crypto trading more accessible by listing many different tokens on its platform. Recently listed tokens include FORM, Navigate, and DIN.
Related: KuCoin Lists DIN, Launching DIN/USDT Trading Pair Today
In other news from the exchange, KuCoin recently announced that KuCoin EU Exchange GmbH is seeking a MiCAR license in Austria.
Related: KuCoin EU Files MiCAR Application in Austria to Ensure Compliant EEA Operations
This move is aimed at ensuring KuCoin complies with the highest regulatory standards and strengthening its presence in the EU/EEA region.
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