- KuCoin lists EGLD and enables Elrond ESDT Tokens.
- It has also completed the full integration of KuCoin systems with the Elrond mainnet.
- Additionally, Elrond reaches $5 Billion on CoinMarketCap.
It is a season of big moves in the crypto community! Leading crypto exchange platform KuCoin has listed EGLD. Just in time as the crypto market keeps soaring in value and users.
In light of this, KuCoin has fully completed the integration of its system with the Elrond Network mainnet. As a result, KuCoin is theoretically prepared to sell ESDT tokens. In turn, this offers access for those companies built on Elrond to KuCoin’s large community of over 8 million users along with deep liquidity.
KuCoin is ranked 5th overall by CoinMarketCap, with a trading volume above $3.5 billion in the previous 24 hours. It has also been a trusted outlet for the crypto community since its inception in 2017.
In detail, the EGLD listed its schedule as follows:
Deposits – Monday, September 13, 10:00 UTC
Trading – Tuesday, September 14, 10:UTC
Withdrawals – Wednesday, September 15, 10:00 UTC
To highlight, Elrond CEO — Beniamin Mincu, discloses that Elrond will benefit greatly from KuCoin’s enormous communities and liquidity.
Great milestone with KuCoin exchange enabling full support for ESDT tokens, and opening a large opportunity for projects building on Elrond to tap into the huge communities & liquidity offered by them.
Aside from the listing announcement, Elrond also just reached a $5 Billion market cap milestone recently.
Looking at the KuCoin ESDT listing, it is not surprising that the network recently took this huge step. From this, it has been able to capture some of the hype around decentralized finance (DeFi).