- KuCoin lists Bitlayer (BTR) on its spot trading platform, with trading starting August 27.
- Deposits are open via the Bitlayer Mainnet, and withdrawals will begin on August 28.
- Bitlayer also announced a collaboration to launch YBTC on Solana to enable Bitcoin DeFi features across networks.
Leading crypto exchange KuCoin has announced it will list Bitlayer (BTR) on its spot trading platform. Trading for the BTR/USDT pair is scheduled to begin at 11:00 UTC on August 27, 2025.
A call auction will take place from 10:00 to 11:00 UTC on the day of the listing, allowing users to place limit orders before open trading begins. Deposits are already open through the Bitlayer Mainnet, with withdrawals scheduled to start at 10:00 UTC on August 28, 2025.
KuCoin Bot Support Confirmed
The exchange will support several automated trading strategies for BTR/USDT at launch. These include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, and additional AI-based tools.
KuCoin has issued a reminder that only deposits made through the Bitlayer Mainnet will be accepted. Users should avoid sending tokens via Ethereum or BSC, as these transactions will not be credited and cannot be recovered.
Bitlayer’s Mission: Bringing DeFi to Bitcoin
Bitlayer is a Bitcoin Layer 2 project focused on enabling smart contract functionality using the BitVM framework. BitVM is a computing model that allows for Turing-complete operations on Bitcoin without requiring changes to the base layer protocol. The project combines this with a real-time EVM execution environment to support fast and low-cost decentralized applications.
Central to Bitlayer’s infrastructure is its BTC bridge, referred to as the BitVM Bridge, which allows Bitcoin to move into DeFi ecosystems without relying on custodians.
The network also features a rollup architecture called the Bitlayer Network. It runs parallel to Bitcoin, enabling scalable smart contract execution with settlement tied back to the Bitcoin blockchain.
KuCoin Adds Visibility to Bitlayer’s Bitcoin DeFi Pursuit
According to its team, Bitlayer is prioritizing development of tools and infrastructure that make Bitcoin-based DeFi more accessible. The project is positioning itself to support developers and ecosystem partners working on Bitcoin-native applications that go beyond simple transactions.
The listing of BTR on KuCoin adds visibility to Bitlayer as interest in Bitcoin Layer 2 solutions continues to increase. KuCoin’s integration of Bitlayer also brings broader access to the token for users looking to interact with its network or trade BTR on a centralized platform.
In a separate announcement, Bitlayer revealed a new collaboration with Kamino Finance and Orca to launch YBTC on the Solana blockchain. YBTC is a 1:1 BTC-backed asset powered by the BitVM Bridge, designed to offer native yield opportunities and composability for Bitcoin holders on Solana.
The integration allows users to mint and redeem YBTC without custodians, maintaining full control over their BTC at all times. According to Bitlayer, this marks a step toward making Bitcoin DeFi more accessible and functional across multiple networks.
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.
Source: https://coinedition.com/kucoin-announces-listing-new-bitcoin-layer-2-token-bitlayer-btr/