KuCoin Posts Details of New Listings, VideoCoin (VID) and Harmony(ONE)

KuCoin Posts Details of New Listings, VideoCoin (VID) and Harmony(ONE)

Details of the listings and the functions of two new trading options were released onto the platform blog yesterday, making them the 3rd and 4th listing to the platform in the last couple of weeks.

KuCoin has certainly been a hot topic of late, particularly with their ever-expanding portfolio of offerings on their platform. In the second week of August, they revealed details of FortKnoxster (FKX) ahead of its imminent listing on their platform. They then followed this up just a few days later with the same details about Enecuum (ENQ). 10 days on and they have revealed two new tokens to their platform, in the form of VideoCoin and Harmony. What are these coins and can they benefit your trading portfolio?

VideoCoin Info

Of the two tokens, VideoCoin (VID) is likely the one that will raise the most eyebrows among traders, for three reasons.

Firstly, as KuCoin has dubbed the listing as a “World Premiere” on their platform. Secondly, as the token has a unique purpose targeted at the rapidly growing online video industry. And, thirdly, because as opposed to other crypto assets, it rewards miners and stakers in fiat currency. These must provide video encoding, storage space for video, and internet bandwidth for the content distribution network. Hence, it is believed to be the world’s first Fiat-Based blockchain business.

In terms of functionality, it powers the decentralized video platform VideoCoin Network and its partner, next-generation video company Live Planet, and aims to bring “significant innovation and cost reductions to processing, storing and distributing video content”. With a target market focused on On-Demand Streaming Services, Consumer Broadcast Applications, Next-Gen Video Services and Video Quality Innovations, via decentralising the processes.

During its ICO, it raised $50 million during a private sale, which meant there was no need for a public sale for the token. With all this considered, it has demonstrated that its unique nature has already helped it gain both tractions and attention.

Depositing and trading on KuCoin will commence on August 27th at 17:00 and 18:00 (UTC) respectively, with withdrawals coming available two days later. Users can trade via pairs, VID/BTC or VID/USDT.

Harmony Info

Harmony (ONE) has a much more blockchain-focused concept and is probably the preferred chose for crypto purists. It is a very technologically focused token with a Pos infrastructure and cross-shard transactions, its aims surround latency and enabling throughput. Ultimately, building a more advanced scalable, secure, and energy-efficient blockchain.

 As the project uses highly advanced and incorporates new technologies, quite rightly the team behind the project have apt experience in such fields, with alumni of Apple, Google, and Amazon, on their books. 

While it has been stated that market performance can not yet be rightly detailed as of yet, thanks to a current hardcap of $5 million, it points towards strong early financial indicators. What is also promising in terms of success is their partnership with Binance, which saw 1.58 billion sold on their launchpad initiative and other solid investor backing.

Trading for Harmony on KuCoin’s platform has already begun, with users already able to being trading via pairs, ONE/BTC and ONE/USDT.

Head over to KuCoin now to get involved in these two new options!

Register for Latest Updates & News

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

11 Biggest Sponsorships Deals for the Crypto Market in 2021

The global sports industry is looking to revamp its activities and recover from the after-shocks of the COVID-19 pandemic. Cryptocurrency platforms on the other hand have enjoyed immense growth and are searching for big platforms that can provide better brand visibility. That’s where sports and crypto make a perfect match with many global sports organizations […]

1 December, 2021

ChangeNOW Unveils a New Cashback Feature

ChangeNow offers crypto users smooth exchanges and doesn’t stop there. The exchange platform provides registered users a chance to profit from crypto swaps with cashback in NOW tokens through the ChangeNOW website. The cryptocurrency exchange and processing platform offer you an effortless way to turn your traffic into profit and boost your crypto journey. The […]

15 November, 2021

Celsius Casino is Raising the Temperatures with a Voluminous Game Lobby

Celsius Casino has become a go-to gaming destination for casino fans looking for an action-packed online gaming platform. The online casino boasts a robust game catalogue with over 4,000 games. The extensive game portfolio caters to Slots, Table Games, and Live Casino fanatics and is powered by well-known providers such as Evolution Gaming, NetEnt, and […]

9 November, 2021

ChangeNOW Has Announced the Release of its Own Digital Wallet

Limitless and swift crypto exchange platform ChangeNOW has released its own non-custodial NOW Wallet, facilitating fiat to crypto purchases and reliable crypto transactions from the comfort of a mobile phone. NOW Wallet is available in beta version for both iOS and Android devices and allows users to transact with over 20,000 currency pairs, regardless of […]

29 October, 2021
BitPanda,Bonus,token

BitPanda Enhances Its BEST Rewards Programme

The EU-based cryptocurrency exchange, BitPanda, has improved its loyalty programme, BEST Rewards. It is now providing owners of its BitPanda EcoSystem Token (BEST) an additional 12% in potential revenue each year. Every registered BitPanda user who has BEST in his or her wallet and carries out at least one monthly trade will be eligible for […]

25 October, 2021
ChangeNOW,Decentralised,Fraud

ChangeNOW’s AML Action Lead To The Return Of $15M COMP

Earlier this week, ChangeNOW announced that it was able to identify and return 45,505 COMP back to Compound. The estimated value of this recovery is around the $15m mark. This remarkable achievement is further proof of the effectiveness of the exchange’s Anti-Money Laundering (AML) procedures. In an announcement made on ChangeNOW’s website, the company provided […]

6 October, 2021
CFD Trading Platform,eToro,Trading

eToro Lowers The FTD Minimum Across Several Countries

eToro, the social trading and multi-asset platform, has decided to lower the minimum first time deposit, or FTD. Until further updates, users who sign up today using the link below will be able to fund their trading account with as little as $50. This offer is only valid to users in selected countries. To participate […]

24 September, 2021
ChangeNOW,Cryptocurrency,Investment

ChangeNOW Launches The NOW Tracker App

The young, but fast-growing online cryptocurrency exchange, ChangeNOW, has just announced the release of its latest product. The NOW Tracker is a free asset management app that lets users keep track of their coins and tokens across different wallets. Available on Google Play and the App Store, NOW Tracker is flexible and functional. This solution […]

9 September, 2021