Bittime –KuCoin, acryptocurrency, announced the listing ofPolyhedra Network (ZK)onplatform. This decision was announced via a blog post and KuCoin social media (X handle).

According to the announcement, ZK will be available on the KuCoin spot trading platform with immediate deposits activated.

KuCoin users can trade the ZK/USDT pair starting at 10:00 AM (UTC) on March 19, 2024, while withdrawals open 24 hours later, at 10:00 AM (UTC) March 20, 2024.

ZK Listing on KuCoin: A Great Project

KuCoin welcomed the listing, calling Polyhedra another “Great Project” coming to their spot trading platform. Polyhedra's ZK completes the list of innovative crypto tokens newly listed on KuCoin in recent weeks.

In its announcement, KuCoin described Polyhedra as a transformative network that has the potential to unlock exponential increases in computing power.

Furthermore, KuCoin called Polyhedra a platform capable of increasing cross-platform interoperability in a broad blockchain ecosystem.

KuCoin is known for its low trading fees for various cryptocurrency pairs. They also offer various interesting features such as margin trading and futures trading.

Polyhedra launched in 2023 as a cross-chain solution for Layer-1 and Layer-2 using zkBridge. zkBridge leverages zero-knowledge proof technology to verify inter-chain state transitions securely and without third-party trust.

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Impact of Polyhedra (ZK) Listing on KuCoin

By listing Polyhedra (ZK) on KuCoin, several potential positive impacts could occur, including:

• Increased liquidity : KuCoin is a popular crypto exchange with many active users. Listing ZK on this platform has the potential to increase the overall liquidity of the token, making buying and selling easier for traders.
• Increased awareness : Wider exposure on KuCoin could increase public awareness of Polyhedra Network and its technology, zkBridge. This could spark investor and developer interest in ZK and the Polyhedra ecosystem.
• Improved accessibility : Listing on KuCoin makes it easier for users to buy and trade ZK. Previously, they may have needed to use other, less well-known exchanges or use more complicated methods.
• Potential increase in ZK price : The surge in demand and trading of ZK on KuCoin has the potential to drive the token price up. However, this depends on other factors such as market interest and overall ZK utility.

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Conclusion

Polyhedra (ZK) listing on KuCoin is positive news for both parties. KuCoin continues to expand its digital asset offerings with innovative projects, while Polyhedra gains broader exposure and increased liquidity for its ZK token.

What must be understood is that the crypto market is still volatile and ZK prices can move up or down. Investors need to do their own research and analysis before making investment decisions. Listing on a new exchange does not always guarantee long-term success.

Polyhedra Network must continue to develop its technology and build a strong ecosystem to ensure long-term sustainability.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

What Are Zero-Knowledge Rollups (ZK Rollups)?

Polyhedra Network: Bringing ZK Technology to Developing Web3

Bitcoin Halving Prediction: Deja Vu Strikes As BTC Price Plummets

DISCLAIMER : This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.