Thursday, June 26, 2025

KuCoin Lists Namada (NAM) for Spot Trading

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KEY TAKEAWAYS

  • KuCoin has listed Namada (NAM) on its Spot trading platform, offering a NAM/USDT trading pair.
  • Namada enhances privacy across blockchains as a proof-of-stake layer-1 blockchain, supporting shielded cross-chain transactions.
  • Built in Rust, Namada uses CometBFT consensus and IBC protocol, with potential upgrades for broader ecosystem support.

KuCoin has announced the addition of Namada (NAM) to its Spot trading platform. The listing includes a trading pair of NAM/USDT, with deposits available immediately on the NAM Mainnet. The announcement was made here.

The trading schedule for Namada is as follows: a Call Auction will take place from 09:00 to 10:00 UTC on June 19, 2025. Trading will commence at 10:00 UTC on the same day, while withdrawals will be enabled from 10:00 UTC on June 20, 2025.

KuCoin will also offer Trading Bots for the NAM/USDT pair once spot trading begins. These services include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.

Understanding Namada’s Role in the Multichain Ecosystem

Namada is a proof-of-stake layer-1 blockchain designed to enhance privacy across multiple blockchains. It functions as a Composable Privacy Layer, providing a shielded asset hub and enabling shielded cross-chain transactions. This allows Namada to support any asset and retrofit data protection to existing chains, decentralized applications (dapps), tokens, and non-fungible tokens (NFTs).

Built primarily in Rust, Namada employs the CometBFT consensus mechanism and the Inter-Blockchain Communication (IBC) protocol for interoperability. It can be upgraded to support ecosystems beyond IBC, leveraging advanced cryptographic standards like zk-SNARKs. This positions Namada as a valuable tool for users seeking to protect their on-chain data while interacting with various blockchains and protocols.

For more information about Namada, interested parties can visit their official website.


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.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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