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Cryptocurrency News Articles

KuCoin Lists Namada (NAM) with Token Reward GemPool: A Deep Dive

Jun 19, 2025 at 02:00 pm

KuCoin lists Namada (NAM) and offers token rewards through GemPool farming. Discover how to participate and potential impacts on privacy-focused crypto.

KuCoin Lists Namada (NAM) with Token Reward GemPool: A Deep Dive

KuCoin's listing of Namada (NAM) signals a growing interest in privacy-focused blockchain solutions. With a GemPool farming event offering 2,000,000 NAM in rewards, this move could attract both traders and users keen on exploring enhanced on-chain confidentiality.

Namada (NAM) Listing on KuCoin: What You Need to Know

KuCoin officially announced the listing of Namada (NAM), a layer-1 blockchain project emphasizing privacy. Trading for the NAM/USDT pair is set to commence on June 19, 2025, at 10:00 UTC. Deposits are already open, and withdrawals will be enabled shortly after. This listing not only broadens Namada’s accessibility but also introduces a new privacy-centric asset to KuCoin’s trading platform.

The Appeal of Namada: Privacy and Interoperability

Namada stands out with its focus on composable privacy across multiple blockchains. Built with Rust and utilizing CometBFT and the IBC protocol, Namada ensures interoperability with various networks. Its use of zk-SNARKs for shielded asset transfers and cross-chain privacy enhances on-chain confidentiality without compromising compatibility with existing dApps, tokens, and NFTs. This makes it an attractive option for users seeking privacy in their crypto transactions.

GemPool Campaign: Earn NAM Rewards

To celebrate the listing, KuCoin is hosting a GemPool farming event with a total reward pool of 2,000,000 NAM. Running from June 18 to June 27, 2025, users can stake KCS, USDT, or NAM to earn rewards. New users who register on KuCoin after June 17 and complete KYC verification can also participate in a dedicated USDT pool. This campaign encourages active engagement and provides a fair distribution of rewards across different user tiers.

Exclusive Bonuses for Participants

KuCoin is offering several bonuses to boost user participation in the GemPool campaign. Completing a quiz with all correct answers earns an additional 10% reward bonus. Inviting friends to register and participate can boost rewards by up to 2x. VIP users and loyal KCS holders can also earn up to 20% in bonus rewards. These incentives add an extra layer of excitement and potential earnings for participants.

KuCoin's Dormancy Fee Policy: A Quick Detour

While the Namada listing is exciting, it's important to note KuCoin's recent policy change regarding dormancy fees. Starting July 15, 2025, inactive accounts without KYC verification will be subject to these fees. Users in restricted locations like the United States and mainland China, who cannot complete KYC, are advised to withdraw their assets to avoid charges. This policy underscores the increasing regulatory pressure on centralized exchanges and the importance of managing your crypto accounts proactively.

Final Thoughts: NAM and the Future of Privacy

The listing of Namada on KuCoin and the associated GemPool campaign is a good sign for privacy-focused crypto projects. As regulations tighten, solutions like Namada, offering on-chain confidentiality, could become increasingly valuable. Whether you're staking for rewards or exploring new trading bots, the world of crypto keeps offering something new. So, keep your wits about you, and maybe a little bit of luck!

Original source:coinedition

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Other articles published on Sep 28, 2025