Monday, December 23, 2024

KuCoin Lists Toshi (TOSHI) on Spot Trading Platform

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KEY TAKEAWAYS

  • KuCoin lists Toshi (TOSHI) on its Spot trading platform, expanding its asset variety.
  • Toshi, a memecoin inspired by Brian Armstrong’s cat and Satoshi Nakamoto, is fully decentralized and governed by the Meow DAO.
  • KuCoin advises investors to conduct risk assessments, highlighting the 24/7 nature of the cryptocurrency market.

KuCoin has announced the listing of Toshi (TOSHI) on its Spot trading platform. This new addition is set to enhance the variety of assets available for trading on the platform.

The schedule for Toshi’s availability on KuCoin is as follows: Deposits are effective immediately, supported by the BASE-ERC 20 network. Trading will commence at 10:00 UTC on December 3, 2024, followed by withdrawals starting at 10:00 UTC on December 4, 2024. The trading pair available will be TOSHI/USDT.

Understanding Toshi (TOSHI)

Toshi is a memecoin inspired by Coinbase co-founder Brian Armstrong’s cat and Bitcoin’s creator, Satoshi Nakamoto. It serves as the mascot of the Base blockchain. The token is fully decentralized and governed by the Meow DAO, emphasizing its community-driven nature. The circulating supply of TOSHI is entirely in the hands of its holders.

For more information about Toshi, interested parties can visit the project’s website or follow their updates on X (Twitter).

Risk Considerations

KuCoin has issued a risk warning to potential investors, highlighting that investing in cryptocurrency is similar to venture capital investing. The cryptocurrency market operates 24/7, and investors are advised to conduct their own risk assessments before investing in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they are listed, but acknowledges that risks remain.

The full announcement can be found here.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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