KuCoin, a major cryptocurrency exchange, has announced its support for Zeta (ZEX), an innovative decentralized exchange (DEX) project. KuCoin announced on its official website and social media that the ZEX token is now available for spot trade. The listing of ZEX tokens for trade will commence on KuCoin on Thursday, June 27, and withdrawals for the ZEX token, like deposits, will be available on KuCoin after 24 hours. Furthermore, the token will be available for purchase and sale with the Tether USD stablecoin under the symbol ZEX/USDT, allowing users to buy and trade ZEX using USDT instantly.
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Zeta Leads DEX Innovation, Bolstering Kucoin’s Diverse Crypto Portfolio
Zeta has been at the forefront of developing the fastest, most user-friendly, and secure perpetual swaps DEX on the market. Zeta aims to have the efficiency and some features of a CEX while staying entirely decentralized like a DEX; this is accomplished through using the Solana blockchain network, which is more scalable than other blockchains.
As a result, the ZEX token is an essential part of Zeta Markets because it is employed in many parts of the platform’s operation. ZEX’s listing on KuCoin means it joins many DEX-centric crypto projects endorsed by the exchange. This comes after KuCoin introduced Vertex’s (VRTX) token in November, a project centered on decentralized exchange functionality in the Arburtum network.
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In addition to ZEX and VRTX, KuCoin has listed several other notable projects, including Mon Protocol (MON), BlockGames (BLOCK), MixMob (MXM), and Mavia (MAVIA). They are as follows, and KuCoin’s policy is to invest in promising projects in the sphere of cryptocurrencies and offer a wide selection of traded assets to users.
Being critical to the rise of the ZEX token, such strategic support points to KuCoin’s commitment to nurturing DeFi and the general cryptocurrency space. The further platform development of Zeta and the cooperation with KuCoin will cover increased promotion and availability of the ZEX token.
Conclusion
Listing Zeta’s ZEX token on KuCoin is a significant milestone for both the exchange and the Zeta project. It emphasizes the company’s mission to push forward new and promising crypto projects and, at the same time, enlarge the list of supported tokens. Since trading is scheduled to commence on June 27, users can anticipate interacting with the ZEX token in one of the world’s premier exchanges.
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Maxwell Mutuma
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. He writes extensively on topics such as blockchain, cryptocurrency, tokens, and more for top publications such as Coingape, Coin Edition, and The Coin Republic. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.