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    Home»Business»KuCoin Announces the Global Launch of IGO
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    KuCoin Announces the Global Launch of IGO

    JamesBy JamesAugust 1, 2022No Comments3 Mins Read
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    KuCoin is a leading global Crypto exchange. It offers an extensive range of trading options, high liquidity, and a robust user feature set. The exchange also has a strong team of professionals dedicated to providing excellent customer service and support.

    KuCoin Announces the Global Launch of IGO

     KuCoin has announced the global launch of IGO, an incubation program that aims to foster innovation in blockchain technology. IGO will be managed by two teams: one handling development and another handling marketing and business development. IGO was first announced at the KuCoin Developer Conference (KUDC) in November 2018.The launch comes after several months of intensive work by KuCoin’s team to integrate these new features into the exchange.

    Introducing IGO/USDT

    The IGO/USDT trading pair was introduced on KuCoin at midnight (UTC +8) on 14th November 2018. It is currently available for trading with an initial margin requirement of 0.5% to 15%. The minimum trade amount is set at 1 ETH, while the maximum is 100 ETH(BTC/USDT) per transaction.

    The IGO/ETH pair will be launched soon after the USDC/ETH pair goes live on KuCoin at noon (UTC +8).

    The Global Launch of IGO

    KuCoin, the world’s top-rated cryptocurrency exchange and third-largest by volume, has announced that it will introduce IGO (IGO) on its platform. The token is a stablecoin tied to the U.S. dollar and will be available for trading on KuCoin starting tomorrow (3/5/2019).

    The IGO token is based on the Ethereum blockchain and runs on a smart contract system called ERC20. It is designed to maintain $1 parity with the U.S. dollar by connecting to a stablecoin provider that can provide it with an infinite supply of dollars at all times.

    USDC

     Usd Coin (USDC) is a decentralized stable coin upheld by U.S. dollars, so it’s not unpredictable like numerous other cryptos on this rundown. It has low exchange charges and quick affirmations, yet its worth is as yet given government-issued types of money like USDC price or EURO, so there’s no assurance that your speculation will rise or fall with the market at some random time.

    List of currencies

     KuCoin further expands its list of currencies and markets with the launch of IGO on KuCoin. IGO is a stablecoin that can be used for trading on KuCoin.

     

    The release of IGO was met with great enthusiasm from our community, as over 80% of users voted for adding this new stablecoin in our poll. We are happy to announce that it has been added to our platform!

    IGO is based on the Ethereum network and will be priced at 0.2 BTC per 1 USDC. It will be available at a 1:1 ratio with USDT, which means that one USDC will equal 0.2 BTC on the KuCoin exchange.

    Conclusion

    KuCoin, one of the world’s top cryptocurrency exchanges, has announced the global launch of IGO (USDC) trading pairs on its platform. This new addition to the exchange was made possible by integrating BitShares and StakeNet. KuCoin emphasizes giving great client support when something turns out badly with your record or when you need to change your secret phrase or email address.

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