KEY TAKEAWAYS
- KuCoin has listed VeThor Token (VTHO) on its Spot trading platform, with trading starting on January 22, 2025.
- VeThor Token is essential for the VeChainThor blockchain, facilitating transactions and processes as a VIP-180 Standard token.
- Various Trading Bots on KuCoin will support the VTHO/USDT pair, offering diverse trading strategies.
- KuCoin advises users to assess risks independently when investing in cryptocurrencies.
KuCoin has announced the listing of VeThor Token (VTHO) on its Spot trading platform. The announcement, made here, outlines the schedule for deposits, trading, and withdrawals.
Deposits for VeThor Token are effective immediately on the VeChain Mainnet. The call auction is scheduled from 13:00 to 14:00 UTC on January 22, 2025, with trading commencing at 14:00 UTC on the same day. Withdrawals will be available starting at 10:00 UTC on January 23, 2025. The trading pair for VeThor Token will be VTHO/USDT.
VeThor Token and Its Role in the VeChainThor Blockchain
VeThor Token is one of the two tokens used on the VeChainThor public blockchain. Initially launched in 2015, VeChain underwent significant rebranding in 2018. While VeChain Token (VET) serves as the native token, VeThor Token (VTHO) is crucial for the blockchain’s functionality.
As a VIP-180 Standard token, VeThor Token represents the cost of using the VeChainThor blockchain. It facilitates processes and transactions, essentially acting as the smart contract layer of the network.
Trading Bots and Risk Considerations
Upon the start of spot trading, the VTHO/USDT pair will be available for various Trading Bots on KuCoin. These include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.
KuCoin advises users to conduct their own risk assessments when investing in cryptocurrency and blockchain technology. The platform emphasizes that while it attempts to screen tokens before listing, investing in cryptocurrencies carries inherent risks.
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 will be listed on KuCoin's Spot trading platform. Trading starts January 22, 2025. Learn more about VTHO's role in VeChainThor.){kind=link}