KEY TAKEAWAYS
- KuCoin expands its cryptocurrency offerings by listing Velvet (VELVET) on its Spot trading platform.
- Velvet is a DeFAI Operating System that enhances on-chain research, trading, and portfolio management across multiple blockchain networks.
- The $VELVET token, when staked, provides users with various benefits including real yield, rewards, and voting rights within the Velvet ecosystem.
KuCoin has announced the listing of Velvet (VELVET) on its Spot trading platform. This addition is part of KuCoin’s ongoing efforts to expand its range of available cryptocurrencies. The announcement was made here.
The listing schedule for Velvet includes several key dates. Deposits for VELVET are effective immediately via the BSC-BEP20 network. A call auction is scheduled from 11:00 to 12:00 UTC on July 10, 2025, with trading set to commence at 12:00 UTC on the same day. Withdrawals will be available starting at 10:00 UTC on July 11, 2025. The trading pair for Velvet will be VELVET/USDT.
In addition to standard trading, KuCoin will offer various Trading Bots for the VELVET/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 options to optimize their trading strategies.
Understanding Velvet’s Ecosystem
Velvet is a DeFAI Operating System designed to streamline on-chain research, trading, and portfolio management. The platform is live on several blockchain networks, including BNB Chain, Base, Solana, Ethereum, and Sonic. With over 100,000 users, Velvet facilitates the execution of decentralized finance (DeFi) strategies.
The platform features a multi-agent AI Co-Pilot that assists users in discovering, analyzing, and executing new opportunities using natural language. Additionally, Velvet’s infrastructure supports the creation of tokenized DeFi strategies, with more than 10,000 vaults already established by key opinion leaders, traders, and crypto hedge funds.
The $VELVET token is central to the Velvet ecosystem. When staked as veVELVET, it unlocks various utilities, including real yield, additional $VELVET rewards, platform fee discounts, increased fee sharing from referrals, voting rights on major decisions, and additional rewards from ecosystem participants.
For more information about Velvet, interested parties can visit their website.
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