Kucoin , a prominent centralized cryptocurrency exchange, recently announced support for the rapidly growing Ethereum-based cryptocurrency project Mantle Network (MNT).
The addition of the MNT Token to Kucoin 's Spot Trading platform was announced with enthusiasm as the exchange aims to expand the range of available assets.
The listing was officially announced via a post on the X platform (formerly known as Twitter) and on the official Kucoin blog.
New Listing @0xMantle $MNT Gets Listed on # Kucoin !
Pair: MNT/ USDT
— Kucoin (@kucoincom) November 30, 2023
According to the announcement, Mantle Network investors can deposit their MNT Token immediately on the Kucoin trading platform. Notably, Kucoin says it accepts MNT through its only supported network, Ethereum ERC20.
The announcement states that MNT trading will begin on November 30 and MNT withdrawals will be available the next day, December 1. The trading pair for MNT on Kucoin is paired with stablecoin Tether (USDT) .
For those unfamiliar with it, the Mantle ecosystem consists of several integral components. It includes Mantle Network, a Layer 2 Ethereum; Mantle Governance, The DAO; and Mantle Treasury, one of the largest online treasuries.
Additionally, Mantle LSP, an upcoming ETH liquidation Staking protocol, is part of the ecosystem.
The MNT Token acts as a unifying product for this comprehensive ecosystem. It Vai as the native fee Token and ecosystem growth Token for Mantle Network and acts as the Governance Token for Mantle Governance.
Notably, Mantle Network is designed to be compatible with the Ethereum Virtual Machine. Its modular architecture separates transaction execution, data availability, and transaction finality into separate modules.
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