- KuCoin will launch WAL/USDT trading on March 27 at 10:00 UTC.
- Deposits are live on the SUI network. Withdrawals open on March 28.
- Walrus offers decentralized data storage for media and large files.
Global crypto exchange KuCoin has announced the listing of Walrus (WAL) on its spot trading platform. According to the announcement, trading will begin today March 27, at 10:00 UTC, with WAL paired against USDT.
Meanwhile, deposits for WAL are already open on the SUI blockchain, while withdrawals will be enabled starting March 28 at 10:00 UTC.
Trading Schedule and Features
Ahead of the full launch, a call auction will take place between 09:00 and 10:00 UTC today. This allows traders to place orders before live trading begins, ensuring better price discovery.
Related: KuCoin Lists Particle Network (PARTI) with Expanded Trading Options, Including Margin and Futures
What Trading Features Will Support WAL?
Once trading goes live, the WAL/USDT pair will support various automated trading bots. Available options include Spot Grid, Infinity Grid, Dollar-Cost Averaging (DCA), Smart Rebalance, and AI-driven strategies.
These tools can help traders optimize approaches and manage risk more effectively.
What Is Walrus (WAL)?
For those unfamiliar, Walrus is a decentralized data storage network for rich media content, including images, videos, large text files, and audio. Unlike centralized cloud services often reliant on single points of failure, Walrus enhances data security and resilience. It achieves this by splitting data into encrypted fragments and distributing them across numerous independent nodes globally.
Related: KuCoin Lists SEED Token with Pre-Trading Staking Rewards via GemPool on Sui Network
This distributed architecture ensures data availability and integrity even if parts of the network face downtime. By using blockchain technology, Walrus aims to offer a more secure, censorship-resistant alternative to conventional storage solutions.
The WAL listing expands KuCoin’s diverse offerings and makes another potentially interesting token accessible to its user base. This follows KuCoin’s recent additions of other tokens like SEED, PARTI, and IMT just within the past 48 hours.
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