KuCoin, a leading cryptocurrency exchange, has announced the official listing of the bitSmiley token (SMILE), a stablecoin protocol native to the Bitcoin blockchain.
Cryptocurrency exchange KuCoin has announced the addition of the bitSmiley (SMILE) token to its platform. According to a statement from KuCoin, the SMILE token is now available for deposit on the exchange, and trading will commence on Wednesday.
The exchange has also announced the listing of the SMILE token on its platform. As per the statement, SMILE tokens can now be deposited into KuCoin via the supported Ethereum ERC20 network.
Trading for the SMILE token on KuCoin will begin on Wednesday, November 6, at 10:00 UTC. After a 24-hour period, withdrawal services for the SMILE token will be activated. The token will be listed with Tether USD (USDT), and users will be able to trade under the SMILE/USDT pair.
bitSmiley is the first BTC-native stablecoin protocol that is built on the Bitcoin blockchain and operates within the Fintegra framework. It consists of three main components: a decentralized, overcollateralized stablecoin protocol, a native trustless lending protocol, and a derivatives protocol.
Notably, bitSmiley enables BTCfi as the first BTC-native stablecoin protocol. By bringing Bitcoin liquidity to every chain, bitSmiley is changing the way Bitcoin interacts with the broader blockchain ecosystem, unlocking new possibilities for decentralized finance across multiple networks.
Before bitSmiley, other promising crypto projects KuCoin listed included BlockGames (BLOCK), MixMob (MXM), Mon Protocol (MON), and Mavia (MAVIA).
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