KEY TAKEAWAYS
- KuCoin lists Ithaca Protocol (ITHACA) on its Spot trading platform, with trading set to begin on December 19, 2024.
- The ITHACA/USDT pair will be available for various Trading Bots, enhancing trading strategies and market engagement.
- Ithaca Protocol offers an AI-enabled composable option ecosystem with structured products and a perpetuals protocol.
- KuCoin advises users to conduct risk assessments due to the inherent risks in cryptocurrency investments.
KuCoin has announced the listing of Ithaca Protocol (ITHACA) on its Spot trading platform. The announcement, made here, outlines the schedule for deposits, trading, and withdrawals.
Deposits for ITHACA are effective immediately, supported by the BSC-BEP20 network. Trading for the ITHACA/USDT pair is set to commence at 10:00 UTC on December 19, 2024. Withdrawals will be available starting at 10:00 UTC on December 20, 2024.
Trading Bots and Features
Upon the start of spot trading, the ITHACA/USDT pair will be accessible for various Trading Bots. 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 strategies and optimize market engagement.
Understanding Ithaca Protocol
Ithaca Protocol is described as an AI-enabled composable option ecosystem. It offers an option strategy, structured products, and a perpetuals protocol. The system is supported by an auction-based matching engine, a borrowing and lending framework, and a liquidation engine for collateral optimization and leverage.
For more information about Ithaca Protocol, interested parties can visit their website or explore their application.
KuCoin advises users to conduct their own risk assessments when investing in cryptocurrencies, as the market operates continuously without closing times. While KuCoin screens tokens before listing, it acknowledges the inherent risks involved in cryptocurrency investments.
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