- KuCoin lists the bitSmiley token (SMILE), the first BTC-native stablecoin protocol.
- SMILE token trading starts on Wednesday, with the SMILE/USDT pair.
- KuCoin enables SMILE token deposits via Ethereum ERC20 network and activates withdrawals after 24 hours.
KuCoin, a leading cryptocurrency exchange, has announced the official listing of the bitSmiley token (SMILE), a stablecoin protocol native to the Bitcoin blockchain. As confirmed on KuCoin’s website and social media platforms, SMILE tokens are now available on the platform, with trading set to begin this Wednesday.
Details of SMILE Listing on KuCoin
In its statement, KuCoin expressed enthusiasm about adding the SMILE token to its spot trading platform, recognizing it as a unique and valuable addition. As part of the integration, KuCoin has enabled the deposit of SMILE tokens via the supported Ethereum ERC20 network.
Trading for the SMILE token on KuCoin will officially begin on Wednesday, November 6, at 10:00 UTC. After a 24-hour period, withdrawal services for the SMILE token will be activated. The token will be listed with Tether USD (USDT), and users will be able to trade under the SMILE/USDT pair.
For those who may not be familiar, bitSmiley is the first BTC-native stablecoin protocol built on the Bitcoin blockchain, operating within the Fintegra framework. It consists of three main components: a decentralized, overcollateralized stablecoin protocol, a native trustless lending protocol, and a derivatives protocol.
Notably, bitSmiley enables BTCfi as the first BTC-native stablecoin protocol. By bringing Bitcoin liquidity to every chain, bitSmiley is changing the way Bitcoin interacts with the broader blockchain ecosystem, unlocking new possibilities for decentralized finance across multiple networks.
Before bitSmiley, other promising crypto projects KuCoin listed included BlockGames (BLOCK), MixMob (MXM), Mon Protocol (MON), and Mavia (MAVIA).
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