KEY TAKEAWAYS
- KuCoin lists Stool Prisondente (JAILSTOOL) on its Spot trading platform, with trading against USDT starting on February 10, 2025.
- Multiple automated trading strategies, including Spot Grid and AI Spot Trend, are available for the JAILSTOOL/USDT pair.
- Stool Prisondente is inspired by Dave Portnoy’s controversial stock market activities, adding a unique narrative to the cryptocurrency.
- KuCoin advises thorough risk assessments due to the continuous and volatile nature of cryptocurrency markets.
KuCoin has announced the listing of Stool Prisondente (JAILSTOOL) on its Spot trading platform. The cryptocurrency will be available for trading against USDT, with deposits already open via the SOL-SPL network.
The trading schedule for JAILSTOOL includes a Call Auction from 09:00 to 10:00 on February 10, 2025 (UTC), followed by the commencement of trading at 10:00 on the same day. Withdrawals will be enabled from 10:00 on February 11, 2025 (UTC).
In addition to standard trading, KuCoin will offer a variety of Trading Bots for the JAILSTOOL/USDT pair. These include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend, providing users with multiple automated trading strategies.
Background on Stool Prisondente
Stool Prisondente, inspired by the controversial stock market activities of Dave Portnoy, known on social media as @stoolpresidente, has gained attention for its unique origin. Portnoy’s alleged stock manipulation tactics have led to the creation of this cryptocurrency, humorously dubbed “Stool Prisondente in jail.”
For more information about the project, interested parties can visit the project’s website or follow updates on their Twitter account.
KuCoin has emphasized the importance of conducting thorough risk assessments before investing in cryptocurrencies, as the market operates continuously without closing times. The exchange attempts to screen all tokens before listing, but acknowledges the inherent risks involved in cryptocurrency investments.
The full announcement can be read here.
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