KuCoin Announces Listing of Shardeum (SHM) on Spot Trading Platform

KuCoin has announced the addition of Shardeum (SHM) to its Spot trading platform. The listing includes several key dates and features for traders to note. According to the announcement, deposits for SHM are effective immediately, supported by the Shardeum Mainnet.

The Call Auction for SHM will take place from 09:00 to 10:00 UTC on May 8, 2025. Trading will commence at 10:00 UTC on the same day, with withdrawals available starting at 10:00 UTC on May 9, 2025. The trading pair available will be SHM/USDT.

Advanced Trading Features

KuCoin will offer a variety of trading bots for the SHM/USDT pair once spot trading begins. These include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend. These tools are designed to enhance trading efficiency and strategy for users.

Understanding Shardeum

Shardeum is an autoscaling, EVM-based layer-1 blockchain that utilizes dynamic state sharding. This technology helps maintain low gas fees and high transactions per second (TPS) as network participation increases. Shardeum’s consensus mechanism operates at the transaction level, reducing the computational power required for validator nodes, thereby promoting decentralization.

For more information about Shardeum, interested parties can visit the project’s website or view the official announcement on KuCoin’s platform.

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.