Global crypto exchange KuCoin is adding Dolomite (DOLO) to its spot trading market, with trading set to begin April 24th at 13:00 UTC. Deposits are now open, while withdrawals will be available starting April 25. The DOLO/USDT pair will also support KuCoin’s automated trading bots.

Listing Timeline and Bot Access

According to KuCoin’s announcement, users can deposit DOLO tokens immediately through the BERA-ERC20 network. Meanwhile, a call auction period is scheduled from 12:00 to 13:00 UTC on April 24 to facilitate initial price discovery. 

Related: KuCoin Lists Hyperlane (HYPER) Boosting Cross-Chain Interoperability

In addition, Spot trading for the DOLO/USDT pair will officially begin at 13:00 UTC the same day. However, withdrawals will open at 10:00 UTC on April 25.

This timeline ensures that traders have ample time to prepare for live trading and adjust their strategies during the auction phase.

Automated Trading Support

At launch, DOLO/USDT will be integrated into KuCoin’s suite of trading bots. Supported services include Spot Grid, Infinity Grid, Dollar Cost Averaging (DCA), Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.

These tools allow users to automate trading strategies, manage risk, and potentially enhance returns without constant manual oversight. KuCoin’s offering of automated options aims to make trading more accessible for both experienced and new users.

What Makes Dolomite’s DeFi Approach Unique?

Dolomite is a decentralized finance (DeFi) protocol that combines lending, borrowing, and trading into a single platform. Unlike traditional DeFi services, Dolomite uses a Dynamic Collateral system. This innovation allows users to continue using their assets for staking, voting, and earning rewards, even while locked as collateral for loans.

Dolomite aims to improve capital efficiency and user engagement within decentralized ecosystems by maintaining asset utility during borrowing. Its model addresses a major limitation of conventional DeFi lending platforms, where locked collateral often becomes idle.

Related: KuCoin Adds ZORA Listing Expanding Access to Base Network Creator Token

KuCoin Listing Approach

Notably, the listing on KuCoin gives Dolomite greater exposure to a global audience. Meanwhile, KuCoin continues to provide a home for high-profile tokens. The listing of Dolomite on the exchange follows a series of tokens debuting on the exchange in recent days. This includes Hyper, Domin, Zora, Stakestone, and many others.

A recent report from Klein Labs placed KuCoin among the top three centralized exchanges for new token listings in 2024. It secured third place with an average post-listing price gain of 6.82%.

The report also praised KuCoin’s ability to manage sharp price movements and minimize volatility. Despite listing many new tokens, KuCoin successfully avoided being flagged for “High Outlier Risk,” indicating strong due diligence and project vetting practices.