KuCoin, a major, advanced, and most secure cryptocurrency exchange based in Singapore, is going to list DeFiChain (DFI), the most extensive DeFi protocol on Bitcoin. It is also known that after DFI, the exchange will also list Ferrum Network (FRM). The trading of DFI tokens will start on Thursday, 21st January, at 10:00 am UTC. On the other hand, FRM tokens’ trading will start on Friday, 22nd January, at 10:00 am UTC. However, the withdrawals of the tokens will start from the next day being listed.
KuCoin could provide exposure to DFI and FRM
Following the other exchanges in which the tokens are listed, it is found that KuCoin will be the largest centralized exchange where a wide margin lists DFI and FRM. The exchange has over 6 million users, which means exposure, more traders, more volume, and more liquidity for the tokens. Indeed, liquidity is one of the biggest challenges that FRM traders ever faced. Due to which, it was complicated for them to trade large amounts of the token, until now. However, both the tokens can now attract a whole new class of whales, which can help them get in the list of top 100 crypto projects.
KuCoin’s platform provides space to grow
Although KuCoin is vast, it is still not the biggest centralized exchange in the world. As we know, for being a flash in the pan, slow and steady growth over several years is preferable. And KuCoin has such potential in it to allow both the tokens to hit their current growth targets. The exchange also leaves them room for bigger and bigger listings in the future. However, the exchange can help drive the tokens bigger and better things, in its vast platform.
FRM as a hidden gem for the exchange
Based on the strong fundamentals and low market capitalization, it is believed that FRM is undoubtedly a gem. Specifically, the KuCoin exchange user base also desires that the exchange should list such gem tokens. The aforementioned fact also states that KuCoin’s trading platform users don’t just trade major currencies like Bitcoin and Ethereum. We can conclude that KuCoin is the best exchange for FRM, attracting the massive low cap gem hunters.