KEY TAKEAWAYS
- KuCoin lists Resolv (RESOLV) on its Spot trading platform, expanding its cryptocurrency offerings.
- Resolv’s stablecoin, USR, is backed by Ether and Bitcoin, providing stability in the volatile crypto market.
- KuCoin advises users to conduct thorough risk assessments before investing, highlighting the inherent risks of cryptocurrency trading.
KuCoin has announced the listing of Resolv (RESOLV) on its Spot trading platform. This addition is part of KuCoin’s ongoing efforts to expand its cryptocurrency offerings. The announcement was made here.
The trading schedule for Resolv (RESOLV) is as follows: Deposits are effective immediately, supported on the Ethereum (ETH-ERC20) network. The Call Auction will take place from 12:00 to 13:00 on June 10, 2025 (UTC), with trading commencing at 13:00 on the same day. Withdrawals will be available starting at 10:00 on June 11, 2025 (UTC). The trading pair available will be RESOLV/USDT.
KuCoin has also announced that when spot trading begins, RESOLV/USDT will be available for Trading Bots. The services offered include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend. Users are advised to ensure that deposits are made via the Ethereum (ERC20) network, as deposits from the BSC (BEP20) network are not supported and may result in the loss of funds.
Understanding Resolv and Its Stablecoin
Resolv is a protocol that maintains USR, a stablecoin backed by Ether (ETH) and Bitcoin (BTC), and pegged to the US Dollar. This stablecoin aims to provide a reliable digital currency option for users seeking stability in the volatile cryptocurrency market.
For those interested in learning more about Resolv, additional information can be found on their website and Twitter page. The whitepaper and token contract details are also available for those seeking in-depth technical insights.
KuCoin emphasizes the importance of conducting thorough risk assessments before investing in cryptocurrencies. The platform notes that while it attempts to screen all tokens before listing, investing in cryptocurrency carries inherent risks. The market operates 24/7, and investors should be aware of the potential for both gains and losses.
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