KEY TAKEAWAYS
- KuCoin lists Plume (PLUME) on its Spot trading platform, allowing trading against USDT starting January 21, 2025.
- Plume Network is a Layer 1 RWA chain designed to integrate real-world assets into the blockchain ecosystem.
- Users can tokenize and manage real-world assets on Plume, enhancing their integration into DeFi applications.
- KuCoin advises users to conduct personal risk assessments due to the inherent risks in cryptocurrency investments.
KuCoin has announced the addition of Plume (PLUME) to its Spot trading platform. The listing will enable users to trade PLUME against USDT, starting from January 21, 2025, at 09:00 UTC. Deposits for PLUME are already open, supported via the ETH-ERC20 network.
Withdrawals for Plume will commence on January 22, 2025, at 10:00 UTC. The trading pair available will be PLUME/USDT, and users will have access to a variety of trading bots, including Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.
Understanding Plume Network
Plume Network is described as the first full-stack Layer 1 RWA (Real World Asset) chain and ecosystem, specifically designed for RWAfi. It aims to facilitate the integration and adoption of real-world assets into the blockchain ecosystem. With over 180 projects building on its network, Plume offers an EVM-compatible environment that supports the onboarding and management of diverse real-world assets.
The network features an end-to-end tokenization engine and collaborates with financial infrastructure partners to simplify asset onboarding. This setup allows users to tokenize real-world assets, distribute them globally, and integrate them seamlessly into decentralized finance (DeFi) applications.
For more details about Plume, interested parties can visit their official website or view their whitepaper. The token contract is based on the ETH-ERC20 standard.
KuCoin has emphasized the importance of conducting personal 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.
The full announcement can be found here.
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 for trading on January 21, 2025. Explore the first full-stack L1 RWA chain for real-world asset integration.){kind=link}