Arweave ($AR) Token Listed on KuCoin – With Support For US Customers

On October 25th KuCoin announced that it will be listing Arweave (AR) to its trading platform. The trading starts at 9:00 on October 26, 2021 (UTC) and withdrawals start at 10:00 on October 27, 2021 (UTC). The trading pairs available will be AR/USDT and AR/BTC.

With this listing it is notable that US-based investors are not prohibited from buying AR on KuCoin, making it the largest centralized trading platform so far to offer AR worldwide.

New $AR token listing: @kucoincom just listed Arweave 🎉 https://t.co/GBDNpUDed9

— arweave.news 🐘 (@ArweaveNews) October 25, 2021

KuCoin, also called “The People’s Exchange” is a cryptocurrency exchange founded in 2013 and launched in 2017. It has more than 300 trading pairs making it the fourth biggest exchange by volume in the world. KuCoin has its own cryptocurrency called KuCoin Shares (KCS) with which you can receive daily cryptocurrency dividendes. KCS holders also receive trading discounts, lower withdrawal fees and exclusive promotions and rewards.

On Coinbase speculation

With KuCoins announcement comes speculations that Coinbase might be the next to add AR. This would be a great step forward for Arweave as Coinbase is one of the largest US-based exchanges and would make AR available for wider groups. 

Coinbase has previously expressed intention in listing AR and made a statement about it in June 2020:

Today we’re announcing that we are exploring the addition of a range of new assets. As part of the exploratory process customers may see public-facing APIs and other signs that we are conducting engineering work to potentially support these assets.

The list in the Coinbase blog post included $AR among others.