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KCEX announced the initial listing of $ANSEM, a Solana-based meme token inspired by the influencer Ansem, with spot trading available and zero fees. Deposits are open for the ANSEM/USDT trading pair.
$ANSEM, the protocol token for 'The Black Bull', has been newly listed on KCEX with spot trading available and zero trading fees. The token operates as part of a community-driven DeFi layer on Solana, emphasizing on-chain verifiability and transparent fee structures, with mechanisms such as non-custodial liquidity pools (LP pods) and an experimental staking vault.
Current deployments for $ANSEM include several live LP pods, and about 65% of the token supply and all trading fees are directed to a public wallet, as outlined by the project's documentation. The platform notes that all features, including the staking vault, are unaudited and experimental, and users are advised to verify information independently.
KCEX is a centralized cryptocurrency exchange established in 2021 and registered in the Seychelles, operating under regulatory oversight from U.S. and Canadian authorities, including FinCEN. The platform offers spot and futures trading for cryptocurrencies and is noted for its transparent security measures and user-friendly interface. For more information, read the broker profile on Traders Union: full review on Traders Union.
In the previous KCEX update, the broker introduced $G perpetual futures with adjustable leverage up to 50x. For more details on this development, read the previous KCEX update on Traders Union.