- Kucoin lists Redstone (Redstone) for spot buying and selling.
- The Redstone/USDT pair commerce begins on March 6, 2025.
- Redstone is a modular oracle specializing in collateral together with yield.
International Crypto Change Kucoin has introduced the checklist of Redstone (Redstone) on its spot buying and selling platform. The Redstone/USDT buying and selling pair will probably be launched at present at 13:00 UTC on March sixth, giving customers new buying and selling alternatives.
In the meantime, the deposits are already open, permitting merchants to fund their accounts previous to the launch of the transaction. The withdrawal will probably be out there from 10:00 UTC on March seventh, permitting customers to entry Redstone Holdings after itemizing.
This checklist additionally comes with buying and selling bot assist, permitting merchants to leverage automated methods to enhance effectivity. Supported bots embrace Spot Grid, Infinity Grid, Greenback Price Common (DCA), AI Spot Developments, and extra, which caters to a variety of buying and selling kinds.
These instruments assist customers optimize their transactions by automating buy orders primarily based on market actions.
Associated: Kucoin lists Roam (Roam) Spot Buying and selling: March sixth launch
Redstone’s on-chain ticker is “Pink”, however Kucoin assigned the ticker “Redstone” to keep away from duplication. Merchants should test the contract tackle (0xc43c…0bb5de) earlier than making a transaction.
Redstone: Defi Lending’s modular oracle
For these new to redstone, these modular oracles are designed for collateral together with harvests within the lending market, akin to liquid staking tokens (LSTs) and liquid redevelopment tokens (LRTs).
Redstone provides gas-optimized information feeds throughout over 50 chains and rollups, and is built-in with platforms akin to Morpho, Venus, and Ether.fi.
Redstone’s checklist is rising curiosity in decentralized finance (DEFI) options that can drive the expansion of the lending market. The combination of Redstone and a number of blockchain ecosystems may probably develop Defi’s providing.
Associated: Kucoin Change Provides Grindery X (GX) Transactions: Telegram Pockets Token Now Accessible
Kucoin expands token merchandise
In associated information, Kucoin’s Redstone’s newest checklist provides simple accessibility to merchants trying to change numerous tokens.
Different latest lists on Change embrace Roam, Grindery X, Kind and extra.
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