KuCoin Lists RedStone (REDSTONE) on Spot Trading Platform

KuCoin has announced the addition of RedStone (REDSTONE) to its Spot trading platform. The listing schedule includes several key dates and times for deposits, trading, and withdrawals.

Deposits for RedStone are effective immediately on the ETH-ERC20 network. The call auction is scheduled from 12:00 to 13:00 UTC on March 6, 2025, with trading commencing at 13:00 UTC on the same day. Withdrawals will be available starting at 10:00 UTC on March 7, 2025. The trading pair for this listing is REDSTONE/USDT.

KuCoin will also offer trading bots for the REDSTONE/USDT pair once spot trading begins. The available services include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.

Understanding RedStone’s Role in the Crypto Market

RedStone is recognized as a rapidly growing Modular Oracle, specializing in yield-bearing collateral for lending markets, such as Liquid Staking Tokens (LSTs) and Liquid Rebase Tokens (LRTs). It provides gas-optimized data feeds across more than 50 chains and all rollups. The project is trusted by several notable platforms, including Morpho, Venus, and ether.fi.

The on-chain ticker for RedStone is RED, with the contract address available on Etherscan. Due to a ticker duplication issue, KuCoin will use the ticker REDSTONE for trading purposes.

For more information about RedStone, interested parties can visit the project’s website or follow their updates on Twitter.

Investment Considerations and Risk Warnings

KuCoin emphasizes the importance of conducting thorough risk assessments when investing in cryptocurrencies. The market operates 24/7, and while KuCoin endeavors to screen tokens before listing, potential risks remain. Investors are advised to exercise caution and perform due diligence.

Further details about the listing and call auction can be found in KuCoin’s official announcement.

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