V-ID’s VIDT token would soon be listed on the KuCoin exchange. They aimed to get VIDT listed on a top exchange in Q3 2019, and now the goal has been accomplished after some incredible work behind the scenes from team members for both the companies.
VIDT, which was originally an ERC-20 would be available for trading on KuCoin from September 30, 6 pm, UTC +8, $VIDT / $BTC. KuCoin Tweeted:
“V-ID (VIDT) is now available on KuCoin, you can deposit now. Supported trading pair includes VIDT/BTC. Trading will start at 18:00 on September 30, 2019 (UTC+8) and withdrawal will open at 22:00 on September 30, 2019 (UTC+8).@v_id_blockchain #KCS #VIDT #BTC.”
V-ID supports Ethereum, Bitcoin, Binance Chain, IBM’s HyperLedger, DigiByte, and LTO Network. The V-ID verification protocol employs five different blockchains that retain a document’s fingerprints. Hence, anyone seeking verification can always return and cross-check the document’s authenticity with the fingerprint registered on the blockchain. The entire document verification process on V-ID opens with a V-ID Token (VIDT). Any organization which desires to validate a document must have a wallet with a V-ID token balance.
Kucoin was formerly based in China, but after the government crackdown on all exchange houses, it shifted its base to Hong Kong and has since been a steady force in the industry. KuChain’s strategy is to list new tokens soon after they are launch (including bounty and airdrop tokens).
Presently it lists a few hundred tokens, of which most are ERC20, but it also hosts many well-established altcoins like Litecoin, Ripple, OMG, EOS, Monero, and NEO. One of the perks of Kucoin is its easy usability. The platform is simple to use, and traders do not require ID verification to withdraw 2 or less than 2BTC, and it is a great place to trade cheap altcoins; several altcoins registered on the exchange are valued at less than 5 cents or even less.
So, newcomers and ones with low crypto deposits can also trade in the platform. KuCoin is also one of the best exchanges for selling bounty and airdrop tokens. They are very selective and list only those with stable potential, ensuring steady returns.