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KuCoin now offers KERNEL as a spot trading option.
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There are multiple trading bots available for the KERNEL/USDT pair.
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Listing KERNEL on KuCoin exposes it to global adoption.
KuCoin, a global crypto exchange, has listed KernelDAO(KERNEL), a protocol that is regarded as a key restaking one, on its spot market.
KuCoin’s latest announcement informed users that KERNEL deposits were open immediately and other platform features would be available soon.
KuCoin Listing Schedule KERNEL
KuCoin’s KERNEL listing is in line with its recent pattern whereby subsequent features are activated after a deposit at intervals of working days. Users can access the Call Auction Mechanism, likely starting on Monday, April 14 just before KERNEL is available for regular spot trading.
According to the announcement the withdrawal of the KERNEL token from KuCoin will begin on Tuesday, April 15, 2020.
KuCoin users will be able to use trading bots on the platform for KERNEL/USDT trades once spot trading is activated. They could explore various bot-enabled service, including Spot Grid AI Plus and AI Spot Trend, Infinity Grid AI Plus and DCA.
Related: KuCoin lists StakeStone (STO), for spot trading with $25k promo campaign
What is KernelDAO?
KernelDAO’s team described the project in terms of a restaking protocol which is used across the restaking stack. They highlighted three key products of the project, including Kelp LRT with a TVL of $1.5 billion and over 40 DeFi partnership.
Kernel is another program that the team created. It boasts a TVL value of $500 million and has over 30 ecosystem partners. Gain is an innovative reward farming vault with a TVL value of over $100 millions.
Related to KuCoin lists Domin Network (DOMIN), Bridging Web2/Web3 e-commerce
According to the team all three products listed implement KERNEL for their ecosystem token. They are backed by notable industry players, including Binance Labs and SCB.
Why is the KuCoin listing important?
KuCoin’s listing of KERNEL will increase its availability and potential use to a large global audience. This move places KERNEL alongside other major digital assets and offers similar access via KuCoin’s platform.
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