- KuCoin proclaims support for Manta Network on its trading platform.
- MANTA tokens can be deposited starting January 18, with trading starting soon with the USDT pair.
- A team of seasoned entrepreneurs with affiliations to Harvard, MIT, and Algorand founded the project.
Renowned centralized cryptocurrency exchange KuCoin has announced its support for the Manta Network, a modular blockchain focused on zero-knowledge (ZK) applications. In a recent statement via its official blog and X handle, KuCoin disclosed plans to list the native token of Manta Network, MANTA.
In the notification, KuCoin expressed pride in supporting the native token of the modular blockchain on its spot trading service. According to the announcement, KuCoin will commence accepting MANTA token deposits soon via the Ethereum ERC20 network.
Notably, the trading of MANTA officially begins on Thursday, January 18. The designated trading pair for MANTA is the Tether USD (USDT) stablecoin. Users will gain the capability to withdraw their MANTA starting the following day, Friday, January 19.
For the uninitiated, the Manta ecosystem is a rapidly expanding Layer 2 ecosystem tailored for EVM-native decentralized applications. It strives to provide users with the utmost cost-effectiveness and a superior overall experience.
The project was founded by a team of seasoned entrepreneurs with affiliations to prestigious institutions such as Harvard, MIT, and Algorand. Manta Network has garnered investments from leading Web3 investment funds, including Binance Labs and Polychain Capital. The project has substantially grown through active participation in premier Web3 accelerators like Alliance DAO and Berkeley Blockchain Xcelerator.
Before supporting the native token of Manta Network, KuCoin had listed similar rapidly expanding crypto projects wielding innovative objectives. Notably, KuCoin featured SNS, the native token of the TrendFi music platform Sonorus, which aims to connect the worlds of crypto and music to provide users with rewards.
Additionally, KuCoin has extended support to Script Network’s watch-to-earn TV platform, which strives to revolutionize video advertising within the crypto industry.
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