- KuCoin lists RedStone (REDSTONE) for Spot trading.
- Trading for the REDSTONE/USDT pair begins on March 6, 2025.
- RedStone is a modular oracle specializing in yield-bearing collateral.
Global crypto exchange KuCoin has announced the listing of RedStone (REDSTONE) on its Spot trading platform. The REDSTONE/USDT trading pair launches today, March 6, at 13:00 UTC, giving users new trading opportunities.
Meanwhile, deposits are already open, allowing traders to fund their accounts ahead of the trading launch. Withdrawals will be available from March 7 at 10:00 UTC, ensuring users can access their REDSTONE holdings post-listing.
The listing also comes with trading bot support, allowing traders to leverage automated strategies for improved efficiency. Supported bots include Spot Grid, Infinity Grid, Dollar-Cost Averaging (DCA), AI Spot Trend, and more, catering to various trading styles.
These tools can help users optimize their trades by automating buy and sell orders based on market movements.
Related: KuCoin Lists Roam (ROAM) Spot Trading: March 6 Launch
While RedStone’s on-chain ticker is “RED”, KuCoin has assigned the ticker “REDSTONE” to avoid duplication. Traders should verify the contract address (0xc43c…0bb5de) before making transactions.
RedStone: Modular Oracle for DeFi Lending
For those unfamiliar with RedStone, it is a modular oracle designed for yield-bearing collateral in lending markets, including Liquid Staking Tokens (LSTs) and Liquid Restaking Tokens (LRTs).
Redstone provides gas-optimized data feeds across 50+ chains and rollups and is integrated with platforms such as Morpho, Venus, and ether.fi.
The listing of RedStone comes as interest in decentralized finance (DeFi) solutions that enhance lending market increases. The integration of RedStone with multiple blockchain ecosystems could expand its DeFi offering.
Related: KuCoin Exchange Adds Grindery X (GX) Trading: Telegram Wallet Token Now Available
KuCoin Expands Token Offerings
In related news, KuCoin’s latest listing of Redstone provides easy accessibilities for traders looking to trade different tokens.
The exchange’s other recent listings include Roam, Grindery X, and Form, among others.
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 on its Spot trading platform. Trading begins on March 6, 2025, with the REDSTONE/USDT pair.){kind=link}