- KuCoin proclaims support for the Solana-based project Saros (SAROS).
- SAROS can now be deposited on KuCoin, while trading commences January 19 at 11 AM (UTC).
- Saros offers features like non-custodial wallets, DeFi capabilities, and an NFT hub.
Leading centralized cryptocurrency exchange KuCoin has officially announced its support for the fast-growing Solana-based crypto project Saros (SAROS). Through an official blog post and communication on its X handle, KuCoin disclosed its move to list Saros’s native token, SAROS, among the category of tradable assets on its platform.
In the notification, KuCoin expressed pride in supporting the SAROS token on its spot trading service. Per the notification, KuCoin has already opened the door for deposits of SAROS. As a result, users can now send their tokens to the platform through the supported network Solana SPL.
Notably, SAROS trading officially commences on Friday, January 19, at 11:00 AM (UTC). The designated trading pair for SAROS is the Tether USD (USDT) stablecoin. Users will be able to withdraw their SAROS starting the following day, Saturday, January 20.
For those unfamiliar, Saros stands as the ultimate app crafted to revolutionize the Web3 experience on Solana. Initially launched with a decentralized exchange (DEX), Saros is evolving into a comprehensive product. It aims to provide users with a fully integrated mobile consumer application. This application encompasses a range of functionalities in areas such as ID, DePIN, and Payment within the Solana ecosystem.
Furthermore, Saros offers features like a non-custodial wallet, DeFi capabilities, an NFT hub, a dApp browser, and an identification system. With these offerings, the team believes Saros is positioned to allow users to access the global economy and participate in the decentralized world.
Prior to KuCoin extending support for the SAROS token, the exchange had previously listed MANTA, a modular blockchain with a focus on zero-knowledge (ZK) applications. Additionally, KuCoin had listed HON, the token of Soul Society, a project at the forefront of shaping a Web3 Social ID.
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Source: https://coinedition.com/kucoin-embraces-saros-saros-in-major-listing-announcement/