KuCoin lists FLOKI effective immediately

FLOKI has made advancements in recent days. The digital token is now live on KuCoin, enabling the community to deposit effectively immediately. However, traders may want to hold on to their brakes for a while since trading and withdrawals will start in the days to come.

According to the announcement made by KuCoin, traders will be able to trade starting February 17, 2023, at 9 UTC and withdraw their funds starting February 18, 2023, at 10 UTC. 

Initially, only two trading pairs would be supported: FLOKI/USDC and FLOKI/USDT. Deposits on KuCoin will be backed by ERC-20 and BEP-20. A summary of the FLOKI on the KuCoin project is mentioned below:

Total Supply

10,000,000,000,000 FLOKI

Market Cap

Not Available

Issue Date

July 25, 2021

Issue Price

$0.0000004

Circulating Supply

9,300,000,000,000 FLOKI

24-hour CEX Volume

$24,221,845

24-hour DEX Volume

$4,214,279

Cryptographic Algorithm

POS

Floki has a holding of 430,000, making it the third-largest memecoin. It follows the ranking of Dogecoin and Shiba Inu. Known as people’s currency, Floki makes the best use of itself in the Floki ecosystem, which includes the FlokiFi DeFi Protocol, the Valhalla metaverse NFT game, and the University of Floki.

Adding two more trading pairs to FLOKI further expands the offering of KuCoin, a crypto exchange that provides more than a thousand trading pairs already. This is in addition to the 600+ cryptocurrencies that are offered by the exchange platform. Headquartered in Seychelles, Floki came into existence in 2017, and it has now spread its arms to more than two hundred countries, including, but not limited to, the US, the UK, and Australia.

According to various KuCoin exchange reviews, registered traders have access to customer service 24 hours a day, seven days a week. The platform is easy to navigate; however, what really makes it ideal for beginners is the demo trading account that contains all the tools for a real-trading situation. Experienced traders can avail themselves of one of the lowest trading fees on the platform.

In addition to the demo trading account, users can also claim crypto loan services at a specific interest rate. While KuCoin does not support the trading of fiat currencies, one can surely exchange their fiat currencies for cryptocurrencies (and vice versa) and commence trading. It has to be noted that only registered users can enjoy the benefits of KuCoin.

Other users may be able to view the overall picture, but the benefits will not be extended to them. Briefly speaking, KuCoin’s registration is a simple process requiring one to verify mandatory details in 2 minutes. Products available at KuCoin include Crypto Lending, Spot Trading, Margin Trading, KuCoin Earn, and Futures Trading, among others.

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FLOKI on KuCoin is estimated to have a larger holding among traders. With only a few hours left for the trading and withdrawal processes, users should register on KuCoin—either on the website or via mobile—to secure their preferred trading pair. 

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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