Global Crypto Exchange KuCoin Lists SOON Token, Spot Trading Kicks Off Today

Global crypto exchange KuCoin announced the listing of SOON token on its spot trading platform. The new listing will offer the

Global cryptocurrency exchange KuCoin has announced the listing of SOON token on its spot trading platform. The new listing will offer the SOON/USDT trading pair, and also provide access to automated trading services via KuCoin's trading bot infrastructure.

According to the announcement, deposits for SOON are already open, with support for two blockchain networks: Solana (SPL) and BNB Smart Chain (BEP20). The trading for the SOON/USDT pair is set to commence at 11:00 UTC, May 23, while withdrawals will begin the following day, May 24, at 10:00 UTC.

Before trading kicks off, there will be a call auction between 10:00 and 11:00 UTC on May 23 to determine the initial trading price. This price discovery phase helps establish initial liquidity and a fair market value for the token. Once the auction concludes, full trading will commence.

At launch, SOON/USDT will also be available for KuCoin's trading bots. The supported services include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend. These bots are designed to simplify and automate trading strategies, catering to both novice and experienced traders.

KuCoin's announcement highlights that SOON has a circulating supply of 25 million tokens and a maximum supply of 1 billion. As the utility token for SoonSwap, SOON drives instant NFT liquidity through a dual model of Automated Market Making (AMM) and limit orders.

This listing expands KuCoin's portfolio of newly added tokens, aiming for broader market exposure. In recent weeks, the platform, serving over 40 million users worldwide, has introduced several emerging projects such as DEF-Ai (DEFAI), PRAI, Shardeum (SHM), Hyper, Domin, and Zora.