KEY TAKEAWAYS
- KuCoin lists Skate (SKATE) on its Spot trading platform, with trading set to begin on June 9, 2025.
- SKATE deposits are supported on the Ethereum network, with trading available in the SKATE/USDT pair.
- Skate’s multi-VM infrastructure enables decentralized applications to operate across multiple blockchains, enhancing interoperability.
- Trading Bots will support SKATE/USDT, offering various strategies like Spot Grid and AI Spot Trend.
KuCoin has announced the listing of a new project, Skate (SKATE), on its Spot trading platform. The announcement was made here, detailing the schedule for deposits, trading, and withdrawals.
Deposits for SKATE are effective immediately, supported on the Ethereum (ETH-ERC20) network. The Call Auction is scheduled from 09:00 to 10:00 on June 9, 2025 (UTC), with trading set to commence at 10:00 on the same day. Withdrawals will be available starting at 10:00 on June 10, 2025 (UTC). The trading pair available will be SKATE/USDT.
Trading Bots and Supported Networks
Once spot trading begins, SKATE/USDT will be accessible for Trading Bots. The services offered include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend. It is important to note that the deposit address supports only Ethereum (ERC20) deposits. Deposits made from Solana (SOL-SPL) or BSC (BEP20) networks are not supported and may lead to the loss of funds.
Understanding Skate’s Multi-VM Infrastructure
Skate is a multi-VM infrastructure project designed to enable decentralized applications to operate seamlessly across multiple blockchains, including both Ethereum Virtual Machine (EVM) and alternative virtual machines (VMs). It provides native access to VM-specific applications on other chains, allowing EVM applications to function directly within SVM or MOVE environments. The core product of Skate is the Skate Automated Market Maker (AMM), which facilitates a multi-VM, single-liquidity-curve across all chains.
For more information about Skate, interested parties can visit the project’s website or follow their updates on X (Twitter).
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