KEY TAKEAWAYS
- KuCoin is expanding its cryptocurrency offerings by listing the YZY token on its Spot trading platform starting August 21, 2025.
- The YZY token will be available for trading against USDT, with deposits supported by the SOL-SPL network.
- KuCoin offers various Trading Bots to optimize trading strategies for the YZY/USDT pair, enhancing user trading experiences.
- Investors are advised to conduct risk assessments as cryptocurrency investments carry inherent risks similar to venture capital.
KuCoin has announced the listing of the YZY token on its Spot trading platform. The token, YZY, will be available for trading starting August 21, 2025. This addition is part of KuCoin’s ongoing efforts to expand its cryptocurrency offerings.
According to the announcement, deposits for YZY are effective immediately, supported by the SOL-SPL network. The Call Auction for YZY will take place from 5:00 to 6:00 UTC on August 21, 2025, with trading commencing at 6:00 UTC the same day. Withdrawals will be enabled from 10:00 UTC on August 22, 2025. The trading pair available will be YZY/USDT.
KuCoin has also noted that once spot trading begins, YZY/USDT will be accessible for various Trading Bots. These services include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend. These tools are designed to assist traders in optimizing their trading strategies.
YZY is described as a concept aimed at providing users with control, free from centralized authority. This aligns with the broader cryptocurrency ethos of decentralization and user empowerment.
KuCoin has issued a risk warning, emphasizing that investing in cryptocurrency carries risks similar to venture capital investments. The platform advises users to conduct their own risk assessments before investing, as the cryptocurrency market operates 24/7 without market close or open times.
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