Hive has been listed on almost all major centralized exchanges (CEXs), except one exchange that is also considered a large platform, and that is KuCoin. I have checked many times before to see whether the Hive/USDT pair is available in the spot market or not, but until now this pair does not exist.
However, the pair is available in futures trading, and proper trading activity is taking place there. It is difficult for me to understand why the pair is available in futures but still not listed in the spot market. As far as I remember, KuCoin listed Hive in its futures market in 2024.
Now, after almost two years, the spot pair is still not available. I do not know whether this is due to a lack of effort from the witnesses or ecosystem management, or whether Hive has still not met KuCoin’s listing requirements.
My point is that Hive should be listed on KuCoin in every possible way. This would give the coin more visibility, increase its price, and provide a good opportunity for many investors who actively use KuCoin.
You can see that the Hive price on KuCoin futures is around $0.0582 at the time of writing, which is almost the same as the price on Binance spot. This shows that Hive already has good liquidity on KuCoin and that traders are interested in this market.
This means the issue is not a lack of trading volume on KuCoin. There must be some other reason. You can see the liquidity yourself in the screenshot. It is easy to buy and sell without major issues.
The 24-hour volume is around 34 million Hive, open interest is around 30 million Hive, and the open value is close to 2 million USDT. These are very interesting statistics for a coin like Hive. I personally have an account on KuCoin and would like to see Hive available there.
Since I do most of my trading in Hive, I prefer to diversify my holdings across different centralized exchanges for security reasons. Because Hive is not listed on KuCoin spot, this is a major disadvantage for me.
Unfortunately, I do not have access to some of the exchanges where Hive is already listed because of country restrictions. For this reason, I am mainly limited to Binance and the Hive ecosystem.
I would like to request the witnesses and everyone involved in decision making to seriously consider this matter and make efforts to get Hive listed on KuCoin Spot.
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