KuCoin, one of the prominent centralized cryptocurrency exchanges, has recently announced its support for Starknet (STRK), a rapidly expanding modular blockchain designed to secure and interconnect rollups. This exciting development brings STRK tokens to the KuCoin platform, opening up new opportunities for traders and investors.
Key Details:
- Deposits: Effective immediately (Supported Network: Mainnet)
- Trading: Starts on February 20, 2024
- Withdrawals: Available from February 22, 2024
- Trading Pair: STRK/USDT
What is Starknet?
Starknet is a Validity-Rollup (aka ZK-Rollup) Layer 2 network that operates on top of Ethereum, enabling dApps to massively scale without compromising on security. It achieves this by bundling transactions into an off-chain computed STARK proof. This proof is then submitted to Ethereum as a single transaction, resulting in significantly higher throughput, faster processing times, and much lower costs, all while retaining the robust security of the Ethereum settlement layer.
More Information About Dymension:
- Website: Starknet Official Website
- Token Contract: Mainnet
- Twitter: Follow Starknet on Twitter