KEY TAKEAWAYS
- KuCoin launches Plasma (XPL) on its Pre-Market Trading platform, offering early trading access before its Spot market release.
- Plasma, built on the Bitcoin sidechain, focuses on stablecoin payments with zero Gas transactions and privacy features.
- Traders must adhere to the Pre-Market Trading schedule to avoid collateral forfeiture, with unmatched order cancellations still allowed.
KuCoin has announced the launch of Plasma (XPL) in its Pre-Market Trading platform, allowing users to trade XPL ahead of its official release on the Spot market. The Pre-Market Trading is scheduled to begin at 14:00 UTC on August 22, 2025. This initiative provides traders with an exclusive opportunity to engage with XPL before its wider market availability.
The Pre-Market Trading period is a strategic move by KuCoin to offer early access to XPL, a financial infrastructure built on the Bitcoin sidechain. Plasma focuses on stablecoin payments and supports zero Gas transactions. It natively integrates USDT and introduces privacy protection mechanisms, aiming to construct a global settlement network centered around the US dollar stablecoin.
KuCoin has advised users to closely monitor the delivery schedule updates to ensure a smooth trading experience. Adherence to the timeline is crucial, as failure to follow the schedule may result in the forfeiture of collateral. Additionally, effective April 1, 2025, the cancellation of matched orders will no longer be permitted, although unmatched orders can still be canceled.
For more information on Plasma (XPL) and the Pre-Market Trading schedule, interested parties can visit the official announcement here.
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