Bitcoin News Today: KuCoin Lists Bitlayer BTR on Spot Trading Platform Aug 27

KuCoin has announced the listing of Bitlayer (BTR), a Bitcoin Layer 2 token, on its spot trading platform, with trading set to begin on August 27, 2025, at 11:00 UTC. The BTR/USDT trading pair will be available for users, following a call auction that starts at 10:00 UTC on the same day. Bitlayer Mainnet deposits are currently open, while withdrawals will commence on August 28 at 10:00 UTC. KuCoin has emphasized that only deposits made via the Bitlayer Mainnet will be credited, cautioning users against sending BTR through Ethereum or BSC chains, as these transactions cannot be recovered [1].

The exchange has also confirmed support for multiple automated trading strategies for BTR/USDT at launch, including Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, and AI-based tools. This reflects KuCoin’s broader strategy to enhance user experience and facilitate diverse trading approaches for emerging tokens [1].

Bitlayer is positioned as a Bitcoin Layer 2 project that aims to bring decentralized finance (DeFi) capabilities to the Bitcoin network through its BitVM framework, a computing model that enables Turing-complete operations without altering the Bitcoin base layer. The platform supports a real-time EVM execution environment to facilitate fast, low-cost decentralized applications. A key component of Bitlayer’s infrastructure is the BitVM Bridge, a non-custodial BTC bridge that enables Bitcoin to move into DeFi ecosystems while maintaining full user control over funds [1].

The project also features a rollup architecture known as the Bitlayer Network, which runs in parallel with Bitcoin, enabling scalable smart contract execution with settlement anchored to the Bitcoin blockchain. Bitlayer’s mission includes the development of tools and infrastructure to make Bitcoin-based DeFi more accessible, supporting developers and partners working on Bitcoin-native applications beyond basic transactional use [1].

In a separate initiative, Bitlayer has partnered with Kamino Finance and Orca to launch YBTC on the Solana blockchain. YBTC is a 1:1 BTC-backed asset created using the BitVM Bridge, offering Bitcoin holders yield opportunities and composability on Solana without requiring custodianship. This move underscores Bitlayer’s focus on cross-chain interoperability and expanding Bitcoin’s utility across multiple ecosystems [1].

The listing of BTR on KuCoin adds visibility to Bitlayer as interest in Bitcoin Layer 2 solutions continues to grow. It also provides broader access to the token for users interested in engaging with its network or trading on centralized platforms. The token is designed to support governance, validator staking, and fee-sharing mechanisms, with potential for future functionalities such as gas and fee-switching [1].

The widespread listing of BTR across major exchanges, including Binance, MEXC, Gate, and LBank, signals increasing adoption of Bitcoin Layer 2 solutions by both institutional and retail participants. The integration of Bitcoin liquidity into other blockchains like Solana highlights a growing trend toward cross-chain interoperability. However, the long-term success of BTR will depend on its ability to deliver on technical promises and maintain user engagement. While no formal price predictions have been cited in the provided sources, the token’s multi-exchange support and growing project traction suggest it may attract both speculative and strategic investor interest [1].

KuCoin’s decision to list BTR reinforces its role as a key player in the adoption of next-generation Bitcoin infrastructure. As the crypto market continues to evolve, exchanges that prioritize innovation and user access are likely to gain a competitive edge in the broader financial landscape.

Source: [1] Bitlayer (BTR) Is Set to Begin Trading on KuCoin from Aug 27 (https://coinedition.com/kucoin-announces-listing-new-bitcoin-layer-2-token-bitlayer-btr/)