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KCEX announced the initial listing of Nexus (NEX), a Layer 1 blockchain focused on verifiable finance and AI, with spot trading for the NEX/USDT pair and zero spot trading fees. Deposits are open, and trading begins May 20, 2026.
KCEX has announced the initial listing of Nexus (NEX), a Layer 1 blockchain project positioned for verifiable finance and artificial intelligence applications. The spot trading for the NEX/USDT pair is set to begin on May 20, 2026, with zero trading fees offered on spot trades according to the broker.
Additional details published by KuCoin include immediate deposit availability via the ETH–ERC20 network, a scheduled call auction prior to trading, and the launch of trading bots support for NEX/USDT at the time trading opens. Withdrawals will be enabled on May 21, 2026. Nexus is described as supporting high-frequency financial operations with features such as a native CLOB exchange, zkVM, and a stablecoin backed by U.S. Treasury bonds. The announcement also includes a risk disclaimer, emphasizing the high-risk nature of cryptocurrency investments and advising users to conduct their own risk assessments.
KCEX is a centralized cryptocurrency exchange established in 2021 and registered in the Seychelles, with regulatory oversight from U.S. and Canadian authorities. The platform provides spot and futures trading for cryptocurrencies, supported by a transparent security system and a user-friendly interface, but does not offer passive investment options or fiat currency transactions. For further details, see the broker profile on Traders Union.
For more insight into KCEX's recent developments, see our previous KCEX update on Traders Union, where the broker launched six new USDT-margined perpetual futures contracts with up to 25x leverage for select stocks.