KEY TAKEAWAYS
- KuCoin lists SatLayer (SLAY) on its Spot trading platform, expanding its cryptocurrency offerings.
- SLAY deposits are supported via the Ethereum network, with trading and withdrawals scheduled for August 11 and 12, 2025, respectively.
- SatLayer aims to transform Bitcoin into a programmable asset, integrating it into sectors like AI, DeFi, and stablecoins.
- SLAY/USDT will be available for various Trading Bots, enhancing trading strategies on KuCoin.
KuCoin has announced the listing of SatLayer (SLAY) on its Spot trading platform, marking another addition to its cryptocurrency offerings. The announcement was made here, detailing the schedule for deposits, trading, and withdrawals.
Deposits for SLAY are effective immediately, supported via the Ethereum (ERC20) network. The Call Auction is set to occur from 10:00 to 11:00 UTC on August 11, 2025, with trading commencing at 11:00 UTC the same day. Withdrawals will be available starting at 10:00 UTC on August 12, 2025. The trading pair for SLAY will be SLAY/USDT.
KuCoin has also announced that once spot trading begins, SLAY/USDT will be available for various Trading Bots. These 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 via the BSC chain are not supported.
Understanding SatLayer’s Role in the New Economy
SatLayer positions itself as an economic layer for Bitcoin, aiming to transform Bitcoin into a productive and programmable asset. This transformation is intended to integrate Bitcoin into various sectors such as AI, DeFi (Decentralized Finance), RWA (Real World Assets), stablecoins, and even traditional finance (TradFi).
As Bitcoin continues to be recognized as a global reserve asset, SatLayer seeks to leverage its potential by making it a fully programmable collateral. This initiative aligns with the broader trend of utilizing Bitcoin beyond its traditional role as a store of value.
For more information about the Call Auction and additional details, users are encouraged to visit KuCoin’s Help Center.
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