KuCoin Lists Polyhedra (ZK), Unlocking Improvements in Computational Power

KuCoin, a top centralized cryptocurrency exchange, has announced listing Polyhedra (ZK) on its trading platform. The crypto exchange declared its support for the Ethereum-based blockchain product in a blog post, accompanied by another post via its X handle.

According to KuCoin’s announcement, ZK will be available on its spot trading platform with deposits effective immediately. KuCoin users can trade the ZK/USDT pair from 10:00 am (UTC) on March 19, while withdrawals will be open 24 hours later, by 10:00 am (UTC) on March 20, 2024.

In the announcement, KuCoin expressed satisfaction with the new listing, describing Polyhedra as another “Great Project” coming to its spot trading platform. Polyhedra’s ZK joins other novel crypto tokens listed by KuCoin in the past few weeks.

The crypto exchange described Polyhedra as a transformative network that could unlock exponential improvements in computational power. Furthermore, the exchange also qualified it as a platform for enhancing cross-platform interoperability within the vast blockchain ecosystem.

KuCoin is popular for charging low trading fees across a broad selection of cryptocurrency pairs. It also offers various features, including margin trading and futures trading.

Polyhedra launched in 2023 as a cross-chain solution for Layer-1 and Layer-2, using zkBridge. The implementation employs zero-knowledge proof for secure, trustless state transition verification between chains.

Meanwhile, on February 5, KuCoin listed DYM, the native token of the Dymension, a layer one blockchain system engineered to safeguard and link rollups. Five weeks later, on March 11, the crypto exchange announced the listing of PATEX, a BEP network token, before listing AITECH, the blockchain token of the Solidus Ai Tech project, on March 15..