KuCoin Goes on Stablecoin Spree With TUSD, USDC and PAX Listings

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    Major Hong Kong-based exchange KuCoin added three dollar-pegged stablecoins - True USD (TUSD), USD Coin (USDC) and Paxos (PAX). Deposits have been already opened

Cover image via U.Today

KuCoin, a major Hong Kong-based exchange, has recently added three dollar-pegged stablecoins - True USD (TUSD), USD Coin (USDC) and Paxos (PAX).

Deposits have been already opened, but trading won’t be available until 22:00 (UTC+8). Traders will be able to withdraw their funds in a respective stablecoin not earlier than since Oct. 17 at 20:00 (UTC+8).  

The tokens will be featured in free trading with Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). In order to incentivize trading, the exchange also offers a whopping 99 percent discount for all stablecoins.

 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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