KuCoin has officially announced its support for Manta Network on its trading platform. The deposit feature for MANTA tokens will be available from January 18, with trading scheduled to commence shortly, paired with USDT.
Notably, the project is led by a team of experienced entrepreneurs with connections to prestigious institutions like Harvard, MIT, and Algorand. This strategic move signifies a significant step forward for Manta Network as it gains exposure and accessibility on the KuCoin exchange. Investors and traders can anticipate increased activity and engagement with MANTA tokens on the platform.
KuCoin Supports Manta Network’s MANTA Token on Spot Trading
KuCoin, a well-known centralized cryptocurrency exchange, has officially declared its backing for Manta Network, a modular blockchain specializing in zero-knowledge (ZK) applications. The announcement, conveyed through the official blog and X handle, outlined KuCoin’s intention to list Manta Network’s native token, MANTA, on its spot trading service.
š„World Premiereš„
š¢ New Listing@MantaNetwork $MANTA Gets Listed on #KuCoin!
šPair: MANTA/USDT
šDeposit: TBA (network: ERC20)
šTrading: TBA— KuCoin (@kucoincom) January 11, 2024
Expressing pride in this collaboration, KuCoin revealed plans to accept MANTA token deposits soon via the Ethereum ERC20 network. The official trading of MANTA is scheduled to commence on Thursday, January 18, with the designated trading pair being the Tether USD (USDT) stablecoin. Users can initiate withdrawals of their MANTA tokens starting the following day, Friday, January 19.
Manta Network’s ecosystem is characterized as a rapidly expanding Layer 2 ecosystem designed for EVM-native decentralized applications. The platform aims to deliver cost-effectiveness and an enhanced user experience. This strategic move to list MANTA on KuCoin is poised to increase accessibility and visibility for Manta Network within the cryptocurrency trading community.
Manta Network’s Backing and KuCoin’s Project Support
Manta Network, founded by a team of accomplished entrepreneurs associated with renowned institutions like Harvard, MIT, and Algorand, has garnered notable investments from leading Web3 investment funds. Notable contributors include Binance Labs and Polychain Capital, with the project actively participating in esteemed Web3 accelerators like Alliance DAO and Berkeley Blockchain Xcelerator.
KuCoin, in its commitment to supporting innovative crypto endeavors, has a history of listing and promoting projects with forward-thinking objectives. Before extending its support to Manta Network’s native token, KuCoin featured SNS, the token powering TrendFi’s music platform Sonorus. TrendFi endeavors to bridge the worlds of cryptocurrency and music, offering users rewarding experiences.
Moreover, KuCoin has demonstrated its commitment to pioneering initiatives by supporting Script Network’s watch-to-earn TV platform. Script Network aims to revolutionize video advertising within the crypto industry, showcasing KuCoin’s dedication to fostering diverse and impactful projects. This strategic approach contributes to the exchange’s reputation as a platform that embraces and promotes innovation within the crypto space.
Important:Ā Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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