KEY TAKEAWAYS
- KuCoin is set to list new xStock trading pairs on its Spot trading platform, enhancing its offerings with tokenized equities.
- Trading for these pairs will begin on July 18, 2025, with a Call Auction preceding the official start time.
- xStocks are tokenized equities compatible with DeFi applications, allowing for diverse trading and investment opportunities.
- Despite the launch, xStock trading is restricted in several countries, including Austria, Belgium, and the UK.
KuCoin has announced the upcoming listing of several xStock trading pairs on its Spot trading platform. The announcement, made here, details the schedule for deposits, trading, and withdrawals.
Deposits for the new xStock trading pairs are effective immediately, supported by the Solana SPL network. The trading pairs include SPYX/USDT, CRCLX/USDT, TSLAX/USDT, MSTRX/USDT, and NVDAX/USDT.
Trading Schedule and Features
The trading for SPYX/USDT, CRCLX/USDT, and TSLAX/USDT will commence at 09:00 UTC on July 18, 2025, with a Call Auction enabled one hour prior. Meanwhile, MSTRX/USDT and NVDAX/USDT will open at 10:00 UTC on the same day, also preceded by a Call Auction from 09:00 to 10:00 UTC.
Withdrawals for these trading pairs will be available starting at 10:00 UTC on July 19, 2025. Additionally, these pairs will be accessible for Trading Bots, offering services such as Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.
Understanding xStocks
xStocks represent tokenized equities that are compatible with decentralized finance (DeFi) applications. These tokens are freely transferable and can be used in various DeFi protocols, held in personal wallets, or traded across different platforms.
Each xStock is a tracker certificate issued as Solana SPL tokens, mirroring the price of its underlying asset. For instance, SPYX tracks the SPDR S&P 500 ETF Trust, while CRCLX, TSLAX, MSTRX, and NVDAX track Circle Internet Group, Tesla, Inc., MicroStrategy Inc., and NVIDIA Corp, respectively.
Despite the new opportunities, KuCoin has restricted xStock trading for users in several countries, including Austria, Belgium, and the United Kingdom, among others.
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