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KuCoin Lists Vertex’s DEX Token ‘VRTX’ on Its Spot Trading Platform

The centralized cryptocurrency exchange KuCoin has endorsed VRTX, the native token of Vertex, a crypto project catering to the decentralized exchange market. KuCoin expressed its enthusiasm for broadening the range of tradable assets by introducing the VRTX token to its Spot trading platform.

This listing was announced on KuCoin’s official blog on Monday, November 20, and on the X platform (previously known as Twitter).

💥World Premiere💥

📢 New Listing@vertex_protocol $VRTX Gets Listed on #KuCoin!

💎 Deposit: now open (network: Arbitrum)
💎 Trading: 13:00 PM on November 21, 2023 (UTC)

— KuCoin (@kucoincom) November 20, 2023

According to the notification, VRTX investors can start depositing their tokens on the KuCoin trading platform from the announcement date. KuCoin clarified that it exclusively accepts VRTX deposits via the supported Arbitrum network.

Additionally, the report emphasized that while trading starts on November 21, the official commencement of VRTX token withdrawals will begin on the subsequent day, November 22. The designated trading pair for VRTX on the KuCoin Spot trading platform is the Tether (USDT) stablecoin, denoted as “VRTX/USDT.”

For those not acquainted with it, Vertex is a hybrid decentralized exchange (DEX) that combines an order book and an automated market maker (AMM) model. It integrates on-chain trading and risk engines with an off-chain sequencer, offering an efficient and versatile high-performance trading platform. This design caters to the needs of both retail and institutional traders.

Remarkably, Vertex’s VRTX has become a part of the rapidly growing list of crypto projects that the crypto exchange platform has recently listed. Early this month, KuCoin also listed gaming-focused Shrapnel (SHRAP), Web3 music platform KlubCoin (KLUB), and content creator-focused project Atem Network.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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