KuCoin Lists Jambo (J) for Spot Trading, Expanding Crypto Offerings

KuCoin, a leading cryptocurrency exchange, has announced the listing of Jambo (J) on its Spot trading platform. The announcement was made here, detailing the schedule for deposits, trading, and withdrawals.

Deposits for Jambo are effective immediately, supported by the SOL-SPL network. Trading for the J/USDT pair is set to commence at 10:00 UTC on January 22, 2025. Withdrawals will be available starting at 10:00 UTC on January 23, 2025.

Jambo’s Innovative Approach to Decentralization

Jambo is described as a project focused on building the world’s largest on-chain mobile network. This network is powered by the JamboPhone, a crypto-native mobile device. Jambo’s infrastructure includes over 700,000 mobile nodes across more than 120 countries, aiming to achieve decentralization efficiently.

The project seeks to transform lives, particularly in emerging markets, by providing a hub for next-generation blockchain use cases. These include satellite connectivity, validators, and peer-to-peer networking, among others.

Trading Bots and Risk Considerations

Upon the start of spot trading, the J/USDT pair will be available for various Trading Bots on KuCoin. These services include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.

KuCoin advises users to conduct their own risk assessments when investing in cryptocurrencies. The platform emphasizes that while it screens tokens before listing, investing in cryptocurrencies carries inherent risks.

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