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- KuCoin has listed the native token of the Solana-based mission Wormhole (W).
- Buying and selling Wormhole’s token will begin on April 3, whereas withdrawals will open the subsequent day.
- Beforehand, the Wormhole workforce introduced distributing 617 million tokens by way of airdrop.
KuCoin, one of the vital distinguished crypto buying and selling platforms globally, has endorsed the Solana-based mission Wormhole (W) token. Wormhole is a cross-chain messaging platform that permits cash to maneuver throughout blockchains. KuCoin disclosed its intent to welcome Wormhole’s W token by way of its official web site and X deal with. Per the notification, KuCoin has added W to its listing of tradable crypto property.
Moreover, within the report, KuCoin expressed enjoyment of itemizing Wormhole token on its spot buying and selling platform and acknowledged it as an amazing mission. Consequently, KuCoin has opened the door for depositing Wormhole’s W tokens by way of the supported Solana community (SOL-SPL).
Notably, buying and selling of Wormhole’s token will start on Wednesday, April 3, at 12:00 PM UTC. After a 24-hour interval, the change will allow withdrawal providers for Wormhole’s token. The obtainable buying and selling pair for Wormhole’s token is the Tether USD (USDT) stablecoin.
For the uninitiated, the W token serves because the native asset driving the Wormhole platform, functioning as a local Solana SPL token in addition to an Ethereum ERC20 token. It harnesses Wormhole Native Token Transfers that facilitate easy transfers throughout any Wormhole-connected community.
Final month, the Wormhole workforce introduced plans to distribute 617 million tokens, constituting 6% of the overall token provide, to earlier customers by way of an airdrop. The W token reportedly trades at $1.7 on a pre-market buying and selling platform.
Previous to KuCoin’s listing of the Wormhole workforce, the change supported different rising crypto mission tokens resembling Partisia Blockchain’s MPC token, PATEX, Solidus Ai Tech’s AITECH, SAROS, and Manta Community’s native token.
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