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Cryptocurrency News Articles

KuCoin Lists RedStone (REDSTONE) Spot Trading: New Opportunities Arise

Mar 06, 2025 at 05:59 pm

Global crypto exchange KuCoin has announced the listing of RedStone (REDSTONE) on its Spot trading platform.

KuCoin Lists RedStone (REDSTONE) Spot Trading: New Opportunities Arise

Crypto exchange KuCoin is listing RedStone (REDSTONE) on its Spot trading platform, the exchange announced.

The REDSTONE/USDT trading pair will open today, March 6, at 13:00 UTC, providing users with new trading opportunities. Meanwhile, deposits are already open, allowing traders to fund their accounts ahead of the trading launch.

Furthermore, withdrawals will be available from March 7 at 10:00 UTC, ensuring users can access their REDSTONE holdings post-listing.

The listing also comes with trading bot support, enabling traders to leverage automated strategies for improved efficiency. Supported bots include Spot Grid, Infinity Grid, Dollar-Cost Averaging (DCA), AI Spot Trend, and more, catering to various trading styles. These tools can help users optimize their trades by automating buy and sell orders based on market movements.

For those unfamiliar with RedStone, it is a modular oracle designed for yield-bearing collateral in lending markets, including Liquid Staking Tokens (LSTs) and Liquid Restaking Tokens (LRTs). Redstone provides gas-optimized data feeds across 50+ chains and rollups and is integrated with platforms such as Morpho, Venus, and ether.fi.

The listing of RedStone follows KuCoin’s latest addition of Roam (ROAM) for Spot trading. The token was listed on March 1 with the ROAM/USDT trading pair launching at 13:00 UTC.

KuCoin’s latest listing provides seamless access for traders interested in trading RedStone token. The exchange has been expanding its token offerings, with other recent listings including Grindery X (GX), a Telegram wallet token, and Form (FRM), a token used for the DeFi fractional NFT platform, Form Integration.

Disclaimer:info@kdj.com

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Other articles published on Mar 07, 2025