KuCoin Lists Morpho (MORPHO) on Spot Trading Platform

KuCoin has announced the listing of Morpho (MORPHO) on its Spot trading platform. The listing introduces a new trading pair, MORPHO/USDT, which will be available for trading starting at 10:00 UTC on November 21, 2024. Deposits for Morpho are already open, and withdrawals will commence at 10:00 UTC on November 22, 2024.

Morpho is a decentralized finance (DeFi) platform known for its permissionless and efficient infrastructure. It enables users to earn yield and borrow assets, while also allowing developers and businesses to deploy markets, curate vaults, and build applications. The platform boasts a high DeFi Safety score of 98% and is recognized as one of the most audited protocols in the DeFi space.

The Morpho token operates on the Ethereum network, specifically the ETH-ERC20 standard. More information about the project can be found on their official website.

KuCoin emphasizes the importance of conducting thorough risk assessments before investing in cryptocurrencies, as the market is highly volatile and operates 24/7. The exchange attempts to screen all tokens before listing them, but acknowledges that risks remain inherent in cryptocurrency investments.

For further details on the Morpho listing, KuCoin’s official announcement can be accessed here.

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