KuCoin Lists Across Protocol (ACX) for Spot Trading

KuCoin has announced the listing of Across Protocol (ACX) on its Spot trading platform. The announcement, made here, outlines the schedule for deposits, trading, and withdrawals for the ACX token.

Deposits for ACX are effective immediately, supported on the ETH-ERC20 network. Trading for the ACX/USDT pair is set to commence at 11:00 UTC on January 8, 2025. Withdrawals will be available starting at 10:00 UTC on January 9, 2025.

In addition to standard trading, KuCoin will offer a range of Trading Bots for the ACX/USDT pair. These include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend, providing users with various automated trading strategies.

Understanding Across Protocol

Across Protocol is an interoperability protocol designed to facilitate cross-chain transactions. It aims to provide a faster and more cost-effective method for transferring value compared to traditional bridge designs. The protocol addresses the challenges of token bridging, which include sending messages securely, quickly, and cheaply across different blockchain networks.

Across Protocol is powered by intents, which are designed to enhance security and efficiency in cross-chain transactions. The protocol’s approach seeks to overcome the limitations of current message-passing protocols, which often face issues related to trust assumptions and implementation complexity.

For more information about Across Protocol, interested parties can visit their official website or explore their whitepaper.

Risk Considerations

KuCoin has issued a risk warning to potential investors, emphasizing the volatile nature of cryptocurrency investments. The platform advises users to conduct thorough risk assessments before investing in cryptocurrencies and blockchain technologies. While KuCoin screens tokens before listing, it acknowledges the inherent risks involved in cryptocurrency trading.

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.