KuCoin, Gate Exchanges To List BRC-20 Memecoin
Crypto exchanges Gate and KuCoin are planning to list Sats — a memecoin based on the Ordinals BRC-20 token standard — on their platforms soon.
Gate opened deposits for Sats at 4 a.m. EST earlier today. Meanwhile, KuCoin said will enable deposits, with trading estimated to start at 5 a.m. EST on Nov. 9, provided the token deposits meet the liquidity requirement, per its announcement.
The trading pair SATS/USDT will be available on KuCoin, the exchange added.
Sats is a memecoin created on Bitcoin through the Ordinals protocol, named after ‘satoshis,’ the smallest unit of Bitcoin. The token is currently trading at $0.00000012 with a diluted market capitalization of $270 million. Unisat data indicates that Sats is held in 39,000 user wallets on the Bitcoin network.
These planned listings of Sats come just a day after Binance announced it would list Ordi, another popular BRC-20 memecoin for trading.
(With inputs from Shikha Singh)
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