Crypto News – One of the top centralized cryptocurrency exchanges, KuCoin, has declared that it will be supporting the metaverse-focused cryptocurrency project Root Network (ROOT).
KuCoin Supports Root Token: Thus, the Exchange Joins the Metaverse Madness
In an effort to diversify the assets that are accessible for trading, the exchange announced that it has added the ROOT token to its Spot trading platform. On Monday, November 20, the listing was revealed on the X platform and KuCoin’s official blog.
As per the announcement, Root Network investors can now quickly deposit their ROOT tokens on the KuCoin exchange. Only the Ethereum ERC20-enabled network is allowed to receive ROOT deposits, according to KuCoin’s specifications.
KuCoin Warns Users About Withdrawals
Additionally, the release made clear that while trading opens on November 21, ROOT token withdrawals formally start on November 22. The Tether (USDT) stablecoin, “ROOT/USDT,” is the trading pair for ROOT on the KuCoin spot platform.
Regarding ROOT withdrawals, KuCoin released a warning in the interim.
While trying to withdraw your ROOT tokens from KuCoin, please use an ERC20 wallet and not your FuturePass address,
the statement
Leave a comment