Hyperliquid (HYPE) Gets Listed on KuCoin!

Hyperliquid (HYPE) Gets Listed on KuCoin!

12/07/2024, 02:00:02

Custom ImageDear KuCoin Users,

KuCoin is extremely proud to announce yet another great project coming to our Spot trading platform. Hyperliquid (HYPE) will be available on KuCoin!

Please take note of the following schedule:

  • Deposits: Effective immediately. Please note that KuCoin requires an activation address fee due to the HYPE blockchain network requirements. The first activation of the address will incur a 2 USDT or USDC activation fee. Subsequent address viewing will not require any additional fees. We currently only accept deposit transfers from the Hyperliquid App. Please do not use other wallet apps for the transfer. 

  • Trading: 15:00 on December 7, 2024 (UTC) 

  • Withdrawals: 10:00 on December 8, 2024 (UTC)

  • Trading Pair: HYPE/USDT

  • Trading Bots: When Spot trading begins, HYPE/USDT will be available for Trading Bots. The available services include: Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.

What is Hyperliquid ? 

Hyperliquid is a performant L1 optimized from the ground up. The vision is a fully on-chain open financial system with user built applications interfacing with performant native components, all without compromising end user experience. 

The Hyperliquid L1 is performant enough to operate an entire ecosystem of permissionless financial applications – every order, cancel, trade, and liquidation happens transparently on-chain with block latency <1 second. The chain currently supports 100k orders / second.

The Hyperliquid L1 uses a custom consensus algorithm called HyperBFT which is heavily inspired by Hotstuff and its successors. Both the algorithm and networking stack are optimized from the ground up to support the L1. 

The flagship native application is a fully on-chain order book perpetuals exchange, the Hyperliquid DEX. Further developments include a native token standard, Spot trading, permissionless liquidity, etc.

Learn More About Hyperliquid :

Website: https://hyperfoundation.org/

X (Twitter): https://x.com/HyperliquidX

Whitepaper: click to view

What You Need to Know About HYPE Deposit Address Activation Fee?

1. When you first choose to deposit HYPE tokens, a pop-up notification will appear on the deposit page. Clicking "OK" will trigger the activation fee deduction.

2. The fee will be automatically deducted from your Funding Account or Trading Account. You can check the transaction details in your account history.

3. KuCoin supports USDT or USDC for the activation fee. By default, KuCoin will deduct 2 USDT from your account. If your USDT balance is insufficient, 2 USDC will be deducted instead.

4. If KuCoin is unable to deduct the activation fee, the deposit address may not be successfully activated. Please ensure sufficient funds are available for the fee to activate the deposit address.

5. The activation fee is only charged for the initial address activation. Viewing the deposit address afterward will not incur any additional fees.

6. Users are unable to retrieve the deposit address via API. Please go to the deposit page to manually activate the deposit address.

7. KuCoin may decide not to charge the initial activation fee for addresses, depending on the project situation. 

8. We currently only accept deposit transfers from the Hyperliquid App. Please do not use other wallet apps for the transfer. 

9. You can refer to the gas cost details via this link.

🎁Deposit HYPE to KuCoin to Get Trading Fee Discount Coupon

Users who activate the deposit address before 16:00:00 on December 31, 2024 (UTC), will receive a 50 USDT Spot trading fee discount coupon each. The voucher will be distributed within 3 business days after the address is activated. 

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.

Best regards,

The KuCoin Team


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