Wednesday, January 8, 2025

KuCoin Announces Listing of SYNTHR (SYNTH) on Spot Trading Platform

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KEY TAKEAWAYS

  • KuCoin lists SYNTHR (SYNTH) on its Spot trading platform, expanding its cryptocurrency offerings.
  • Trading for SYNTH/USDT begins on January 14, 2025, with various automated trading options available.
  • SYNTHR offers a zero-slippage execution environment for cross-chain transactions, utilizing advanced infrastructure.
  • KuCoin advises users to conduct personal risk assessments due to the inherent risks in cryptocurrency investments.

KuCoin has announced the listing of SYNTHR (SYNTH) on its Spot trading platform. The cryptocurrency will be available for trading starting January 14, 2025. This addition marks another significant project for KuCoin, expanding its offerings to users.

According to the announcement, deposits for SYNTHR are effective immediately, supported by the ARB-ERC20 network. Trading will commence at 12:00 UTC on January 14, 2025, with withdrawals opening at 10:00 UTC on January 15, 2025. The trading pair available will be SYNTH/USDT.

In addition to standard trading, SYNTH/USDT will be accessible for various Trading Bots once spot trading begins. These services include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend, providing users with a range of automated trading options.

Understanding SYNTHR’s Cross-Chain Infrastructure

SYNTHR is designed to offer a secure zero-slippage execution environment for cross-chain transactions. It utilizes a combination of pull and push oracles, a zero-slippage omnichain liquidity layer, and multiple independent consensus layers. This infrastructure aims to provide an unconventional cross-chain liquidity solution, operating at theoretical limits.

For more information about SYNTHR, interested parties can visit the project’s website.

KuCoin has emphasized the importance of conducting personal risk assessments when investing in cryptocurrencies. The platform attempts to screen all tokens before listing, but acknowledges the inherent risks involved in cryptocurrency investments.

The full announcement can be found here.


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Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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