- KuCoin has listed Fuel Network (FUEL), with trading, staking, and margin services now available.
- Users can participate in a 1.16 million FUEL token giveaway through special campaigns and activities.
- The exchange has introduced various trading bot services and features for FUEL, including up to 50x leverage on Futures.
Global crypto exchange KuCoin has announced the listing of Fuel Network (FUEL), a rapidly emerging crypto project, on its spot platform. The announcement was made through KuCoin’s official website and social media channels.
The notification confirmed that deposits of FUEL via the Ethereum network (ERC20) are live. Trading services for FUEL, particularly against the USDT pair, also went live on December 19. Additionally, the exchange has enabled withdrawal services after a 24-hour holding period.
Notably, KuCoin has launched various trading bot services for FUEL, including Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend. Shortly after the FUEL token listing, the token quickly emerged among the top gainers on KuCoin.
Fuel Network (FUEL): Key Features
Fuel Network introduces cutting-edge features to enhance the Ethereum ecosystem, providing new capabilities without compromising performance. Fuel rollups enable parallelized transaction execution, native account abstraction, and support for wallets across all networks.
Fuel Ignition offers impressive throughput (>600 TPS) and exceptional cost efficiency (transaction costs as low as <$0.0002), positioning it as a leading Optimistic rollup on Ethereum. Since its launch, Fuel Ignition has exceeded $400 million in total value locked (TVL).
KuCoin’s Expanded Services for FUEL
Following the listing on the spot trading platform, KuCoin announced the launch of FUEL across several other services, including Margin Trading, Futures Trading, KuCoin Savings, and Fast Trade.
Starting December 19, users can trade FUEL on margin with a new FUEL/USDT pair, borrow FUEL, and access up to 50x leverage on Futures. Additionally, FUEL is now available for staking with an expected annual percentage rate (APR) of 4% on KuCoin Savings.
Users can also purchase FUEL using VISA/MasterCard, fiat balances, and other payment methods via Fast Trade, launching soon. Furthermore, users who deposit FUEL by December 26, 2024, will receive a 30 USDT trading fee discount coupon.
KuCoin’s 1.16 Million FUEL Token Giveaway
To celebrate the listing of Fuel Network (FUEL) on KuCoin, a campaign has been launched with a prize pool of 1,160,000 FUEL for qualified users.
Campaign 1: FUEL GemSlot Carnival (Dec 19–26, 2024)
- Deposit FUEL: Receive up to 700 FUEL tickets with a net deposit of 4,000 FUEL.
- Trade FUEL: Earn 200 FUEL tickets for every $200 in FUEL trading volume.
Campaign 2: Affiliate Special Event (Dec 19–29, 2024)
- Pool 1: The top 40 affiliates will share 40,000 FUEL for inviting users with $10,000+ in FUEL trading volume.
- Pool 2: Affiliates earn 10 FUEL per invitee who completes registration and KYC; new users receive 20 FUEL.
- Pool 3: Affiliates earn 100 FUEL per new trading user, with a share of an 80,000 FUEL prize pool for successful invites.
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Source: https://coinedition.com/kucoin-lists-fuel-token-offers-1-16m-fuel-giveaway-and-new-trading-bots/