KEY TAKEAWAYS
- KuCoin will list Vana (VANA) on its Spot trading platform starting January 4, 2025, enhancing its trading offerings.
- Vana is an EVM-compatible Layer 1 blockchain that allows users to monetize personal data securely through Data DAOs and Proof-of-Contribution mechanisms.
- The $VANA token plays a crucial role in the ecosystem, facilitating transactions, staking, and governance, aiming to bridge Web2 and Web3.
KuCoin has announced the listing of Vana (VANA) on its Spot trading platform. The cryptocurrency will be available for trading starting January 4, 2025. This addition marks another significant project for KuCoin’s trading offerings.
According to the announcement, deposits for Vana are effective immediately via the VANA Mainnet. The Call Auction is scheduled from 9:00 to 10:00 UTC on January 4, 2025, with trading commencing at 10:00 UTC on the same day. Withdrawals will be enabled from 10:00 UTC on January 5, 2025. The trading pair available will be VANA/USDT.
KuCoin will also support various trading bots for the VANA/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 Vana’s Blockchain Ecosystem
Vana is an EVM-compatible Layer 1 blockchain designed to transform personal data into a tradable financial asset. It empowers users to monetize their private data securely through Data DAOs and innovative proof mechanisms like Proof-of-Contribution.
The platform aggregates and validates data via Data Liquidity Pools (DLPs), facilitating AI model training while ensuring data privacy and user ownership. The $VANA token is central to the ecosystem, supporting transactions, staking, and governance. Vana aims to bridge Web2 and Web3, revolutionizing data ownership and the AI economy.
For more details about the project, visit the Vana website.
The official announcement from KuCoin can be found here.
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