KuCoin To Add TerraUSD (UST) Market
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another innovative market coming to our trading platform. TerraUSD (UST) trading market is now available on KuCoin!
UST Trading Market: BTC/UST，ETH/UST，USDT/UST and LUNA/UST.
Please take note of the following schedule:
- Deposits Effective Immediately
- Trading: 18:00 on November 23, 2020 (UTC+8)
- Withdrawal: 22:00 on November 23, 2020 (UTC+8)
Project Summary:
| Total Supply | Market Cap | Issue Date | Consensus Protocol |
| 11,127,743.66 UST | $11,127,743 USD | 2019-04-24 | Pos (Tendermint) |
| Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
| 11,127,743.66 UST | - | $1 | ECDSA secp256k1 |
* The key metric numbers are calculated as at November 19 2020
TerraUSD (UST) is Terra’s algorithmic stablecoin, pegged to the US dollar and designed to be infinitely scalable, thanks to its monetary policy, which empowers DeFi apps and protocols to scale without barriers. UST is yield-bearing and created with interchain operability in mind from the onset.
Through its scalable, yield-bearing, and interchain design of the UST, Terra aims to connect and empower blockchains by offering UST stablecoins as the building blocks that will serve as the foundation for a new generation of exciting and innovative applications.
TerraUSD (UST) Website: https://terra.money/
TerraUSD (UST) Whitepaper: Click to view
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Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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