KEY TAKEAWAYS
- KuCoin lists Fractal Bitcoin (FB) on its Spot trading platform, enhancing its cryptocurrency offerings.
- Fractal Bitcoin aims to provide infinite scalability using Bitcoin Core code, supporting internet-scale applications.
- KuCoin advises users to conduct personal risk assessments due to the volatile nature of the cryptocurrency market.
KuCoin has announced the addition of Fractal Bitcoin (FB) to its Spot trading platform. The cryptocurrency will be available for trading with the FB/USDT pair, starting at 9:00 UTC on December 31, 2024. Users can already make deposits, with withdrawals set to commence at 10:00 UTC on January 1, 2025.
Fractal Bitcoin is described as a unique Bitcoin scaling solution that utilizes the Bitcoin Core code to enable recursive scaling across unlimited layers. This approach aims to provide infinite scalability while maintaining alignment with Bitcoin’s core principles. The solution is designed to support internet-scale applications, offering seamless integration with the Bitcoin network.
KuCoin has emphasized the importance of conducting personal risk assessments when investing in cryptocurrencies. The platform notes that while it attempts to screen tokens before listing, the inherent risks of the cryptocurrency market remain. The market operates continuously, offering no closure times, which can contribute to its volatility.
For more information on the listing and Fractal Bitcoin, KuCoin’s official announcement can be found here.
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