- KuCoin will list Initia (INIT) for spot trading on April 24.
- The INIT/USDT pair will launch after a one-hour call auction.
- Withdrawals open on April 25 at 10:00 UTC.
Global crypto exchange KuCoin is listing Initia, ticker INIT, on its spot trading platform. Trading for the INIT/USDT pair will begin on April 24 at 11:00 UTC. That follows a one-hour call auction session from 10:00 to 11:00 UTC the same day.
The listing introduces a new token to KuCoin’s growing suite of digital assets, allowing users to buy, sell, and trade INIT through a highly liquid USDT pair.
When Can Users Deposit and Withdraw INIT?
According to the announcement, users will be able to deposit INIT via the Initia Mainnet before the trading launch. While an exact time for deposits has not been provided, KuCoin noted that deposits would be available soon. Withdrawals will open on April 25 at 10:00 UTC.
Related: KuCoin Pay Announces Strategic Partnership with Coinpal.io to Boost Cryptocurrency Payment Adoption
This schedule is part of KuCoin’s standard rollout for new token listings, designed to ensure platform stability and give users time to prepare.
Will KuCoin’s Trading Bots Support INIT?
KuCoin confirmed the new INIT/USDT pair will support several of its trading tools right at launch. These include Spot Grid, Infinity Grid, Dollar-Cost Averaging (DCA), Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.
KuCoin offers these tools to help users run strategies across different market conditions. They’re often used to cut down on manual trading time and improve trade efficiency.
INIT’s Margin, Futures, Convert, Saving, and Fast Trade Options
In addition to the trading features above, KuCoin has launched a suite of new services for INIT, enabling users to access Margin Trading, Futures Trading, Convert, saving, and Fast Trade.
According to the announcement, INIT Margin Trading opened today at 13:00 UTC, with INIT/USDT as the new trading pair and a margin coefficient of 0.97. Users can borrow INIT for leverage trading directly on the platform.
Futures Trading for INIT also goes live at 12:00 UTC today. It offers up to 30x leverage with USDT as the settlement asset. Additionally, INIT has been integrated into KuCoin Convert, allowing users to exchange it with zero trading fees through a real-time RFQ system.
Meanwhile, KuCoin also introduced INIT to its Savings product, which offers immediate redemption and an expected APR of 4%, a soft cap of 10, and a hard cap of 80,000 per user.
Additionally, INIT will become available via KuCoin’s Fast Trade within the coming week, supporting purchases through VISA/MasterCard, Revolut Pay, and other fiat options.
Users who deposit INIT through the dedicated campaign page before 16:00 UTC on April 30, 2025, will receive a 50 USDT spot trading fee discount coupon for the INIT/USDT pair.
About Initia
Initia is a blockchain infrastructure project that aims to simplify the development process of decentralized applications. Its “Interwoven Stack” offers pre-integrated features such as data availability, interoperability, and Oracle access.
The platform aims to reduce decision fatigue for developers by providing opinionated infrastructure choices. This approach allows creators to build application-specific blockchain environments while maintaining full access to broader ecosystem services.
INIT is the network’s native utility token, supporting functions such as transaction fees, staking, and governance.
How Does This Fit KuCoin’s Listing Strategy?
This Initia listing comes as KuCoin continues its run of high-profile token additions. According to a report by Klein Labs, KuCoin ranked third among top-performing centralized exchanges for new token listings for 2024. KuCoin rounded the top three with a 6.82% average post-listing price increase.
Related: Binance, KuCoin, and Bithumb Lead CEX Token Listings in 2024: Klein Labs Report
That same Klein Labs report also noted KuCoin performed well in managing abnormal price swings and suppressing volatility. Despite a relatively high number of token listings, KuCoin avoided the report’s “High Outlier Risk” classification, suggesting effective project screening.
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