World cryptocurrency exchange KuCoin has validated the listing of Privasea AI (PRAI) on its spot trading platform. The token forms part of an increasing trend to secure AI-based infrastructure in the decentralized finance industry.
Deposits for PRAI are now available through the BSC-BEP20 network. KuCoin also started an hour-centralized call auction at 13:00 UTC on 14 May to create momentum for the run-up to open trading.
Trading of PRAI/USDT was officially out at 14:00 UTC on the same day. Withdrawals will be available from 10:00 UTC on 15 May, according to the updates on the exchange.
Besides, KuCoin will turn on automated trading bots for PRAI. These include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.
These bots are created to assist users in automating their trading strategies using tools that react to current market trends. This turn of events makes the platform of PRAI more accessible to both retail and algorithmic traders.
Privasea AI Brings Fully Encrypted Computation to DePIN Networks
Privasea AI is one of the projects of the DePIN category that seeks to change how artificial intelligence communicates with private data. Its technology enables AI models to calculate directly from encrypted data.
This is made possible using Fully Homomorphic Encryption (FHE), which ensures the data remains encrypted during analysis. It assists in eliminating the risks associated with data leaks or unauthorized access to the processing of AI.
This kind of encryption is suitable for industries that need adequate data protection. These are healthcare, financial systems, and digital identity platforms.
Privasea AI aims to provide both functionality and privacy by giving AI computation without disclosing data confidentiality. This model conforms to the increasing concerns about how AI treats users’ sensitive data.
The decision of KuCoin to list PRAI is the next step in promoting privacy-oriented blockchain solutions. This aligns with its overall listing strategy, which aims to reduce volatility and the risk to its users.
Recent reports from Klein Labs show that KuCoin was in the top 3 among centralized exchanges in token onboarding. The research observed that the average early trading activity achieved for KuCoin-listed tokens was up by 6.82%.
Additionally, the launching of PRAI continues with impressive token launches, including those of Shardeum, Hyper, and Zora. These listings help KuCoin’s objective of remaining competitive in this highly choosy digital asset marketplace.
Conclusion
KuCoin integrating PRAI into its trading platform indicates further interest in secure AI technologies in the crypto markets. With its strong encryption model and suitability in sensitive industries, PRAI forms a new dimension of innovation in AI and blockchain.
