KuCoin will list TrueUSD (TUSD) and open the TUSD market.
The listing process is as follows:
Deposits for TUSD are now open.
The TUSD market will open three trading pairs. BTC/TUSD, ETH/TUSD and USDT/TUSD trading pairs will be added on October 15, 2018 at 22:00 (UTC+8).
Withdrawals for TUSD will open on October 17, 2018 at 20:00 (UTC+8).
About TrueUSD (TUSD): The only regulated, exchange-independent stablecoin backed 1-for-1 with US Dollars. TUSD is a simple stablecoin, without the need to trust some company's hidden bank account or special algorithm. Their legal framework enables you to exchange USD directly with an escrow account – they never touch the funds. Their open source smart contracts ensure a 1:1 parity between TrueUSD and USD in the accounts. As one of the most widely used legal contracts for asset management, escrow accounts enable regular attestations and complete legal protection for token holders. TrueUSD is backed by the US dollar, acting as a stable currency for digital exchange. Anyone who passes a standard KYC/AML check can redeem TrueUSD for USD. Every TrueUSD is always 100% collateralized by USD, held in professional trust firms’ banks.
About Kucoin: KuCoin aims to provide users digital asset transactions and exchange services which are very safe and convenient. This is achieved by integrating premium assets worldwide and constructing a state of the art transaction platform. KuCoin is a full-featured spot trading platform for many digital assets and cryptocurrencies, including: Bitcoin, Ethereum, NEO, EOS, USDT, KCS and many more. KuCoin Shares (KCS) are the native currency of the KuCoin exchange platform that allows holders to profit from the success of the exchange. KCS holders receive daily cryptocurrency dividends, low withdrawal fees, and trading discounts. KCS holders will also automatically be qualified for KuCoin exclusive promotions, offers and rewards.
Click here to buy and sell TrueUSD
About the writer: Ava Lauren
I write articles related to bitcoin and other cryptocurrencies. Email me