KEY TAKEAWAYS
- KuCoin has listed EYWA on its Spot trading platform, expanding trading options for users.
- EYWA aims to solve liquidity fragmentation and insecure cross-chain communications in DeFi through its CrossCurve protocol.
- KuCoin offers various automated trading bots for the EYWA/USDT pair, enhancing trading strategies.
- Investors are advised to conduct personal risk assessments due to the inherent risks in cryptocurrency trading.
KuCoin has announced the addition of EYWA (EYWA) to its Spot trading platform. The new listing is set to enhance the trading options available to KuCoin users, with deposits already open and trading scheduled to commence at 11:00 UTC on December 20, 2024. Withdrawals will be available from 10:00 UTC on December 21, 2024. The trading pair for this listing will be EYWA/USDT.
EYWA is described as a unified cross-chain liquidity market that aims to address two significant challenges in the decentralized finance (DeFi) market: liquidity fragmentation and insecure cross-chain communications. The platform’s CrossCurve protocol is designed to tackle the issue of fragmented liquidity by leveraging Curve’s deep liquidity, allowing both business-to-business (B2B) and retail users to benefit from low slippage rates when trading single assets and Curve LP tokens.
In addition to standard trading, KuCoin will offer a variety of Trading Bots for the EYWA/USDT pair once spot trading begins. These services include Spot Grid, Infinity Grid, Dollar-Cost Averaging (DCA), Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend, providing users with automated trading options.
For more information about EYWA, interested parties can visit their official website or explore their CrossCurve protocol. The project also maintains a presence on social media through its Twitter account.
KuCoin has emphasized the importance of conducting personal risk assessments when investing in cryptocurrencies, noting the inherent risks involved despite their due diligence efforts. The full announcement can be found here.
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