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Cryptocurrency News Articles

Global crypto exchange KuCoin has announced the listing of Walrus (WAL) on its spot trading platform.

Mar 27, 2025 at 04:19 pm

Trading will begin today March 27, at 10:00 UTC, with WAL paired against USDT. Meanwhile, deposits for WAL are already open on the SUI blockchain

Global crypto exchange KuCoin has announced the listing of Walrus (WAL) on its spot trading platform.

Global cryptocurrency exchange KuCoin is set to introduce Walrus (WAL) to its spot trading platform on Monday.

According to the exchange, trading for WAL/USDT will commence at 10:00 UTC.

Ahead of the full launch, a call auction will take place between 09:00 and 10:00 UTC. This allows traders to place orders before live trading begins, better facilitating price discovery.

According to the exchange, deposits for WAL are already open on the SUI blockchain. Meanwhile, withdrawals will be enabled starting at 10:00 UTC on Tuesday, March 28.

Once trading goes live, the WAL/USDT pair will support various automated trading bots. Available options include Spot Grid, Infinity Grid, Dollar-Cost Averaging (DCA), Smart Rebalance, and AI-driven strategies. These tools can help traders optimize approaches and manage risk more effectively.

For those unfamiliar, Walrus is a decentralized data storage network designed for rich media content, such as images, videos, large text files, and audio.

Unlike centralized cloud services that are prone to single points of failure, Walrus enhances data security and resilience by splitting data into encrypted fragments and distributing them across numerous independent nodes in a global network.

This distributed architecture ensures that even if part of the network experiences downtime, data will remain accessible and maintain its integrity. Through the use of blockchain technology, Walrus aims to provide a more secure and censorship-resistant alternative to traditional storage solutions.

The listing of WAL expands KuCoin’s diverse offerings and makes another potentially interesting token available to its user base. This follows KuCoin’s recent additions of other tokens like SEED, PARTI, and IMT just within the past 48 hours.

Disclaimer:info@kdj.com

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Other articles published on Mar 30, 2025