Phemex is working hard to build a strong community of cryptocurrency traders, investors, and enthusiasts. Keeping customers as the topmost priority has helped Phemex become a well-established brand with over 2 million users, 80 spot pairs and 39 contract pairs on its trading platform.
Phemex plans to increase its listing capabilities in the future to provide more alternatives to its users. To give users a consistently fresh experience, Phemex listed 28 new pairs a few weeks back, and this March Phemex is listing an additional 16 tokens.
The 16 new trading pairs are:
- APE/USDT
- IMX /USDT
- OMG /USDT
- CHR /USDT
- CTSI /USDT
- BICO /USDT
- LPT /USDT
- FET /USDT
- MXC /USDT
- COTI /USDT
- QNT /USDT
- REN /USDT
- HOT /USDT
- RNDR /USDT
- STORJ /USDT
- DENT /USDT
What does this listing offer?
The listing majorly consists of layer-2 infrastructure and NFT projects, meaning these tokens help blockchain networks and decentralized applications perform more effectively. Some of these projects are considered part of the crypto industry’s backbone, since they also provide value to end-users indirectly.
Phemex is listing ApeCoin (APE), a coin being airdropped to all Bored Ape Yacht Club holders. Besides helping in the ApeCoin DAO’s governance mechanisms, APE will also be purchasable and tradable on cryptocurrency exchanges like Phemex. ApeCoin is a token associated with the most famously extravagant NFT project out there – the Bored Ape’s Yacht Club. BAYC NFTs are known for their high prices and utility as profile pictures by high-profile celebrities and crypto enthusiasts. The APE token will be distributed to BAYC holders, but the ERC-20 token can also be purchased and traded on exchanges, and will aid in the ApeCoin DAO’s voting process.
Furthermore, ImmutableX is the first layer-2 scaling solution for NFTs on Ethereum. IMX eradicates some of Ethereum’s biggest shortcomings, such as poor UX, high fees, and scalability. Another project being listed, the OMG Network, is a layer-2 scaling solution for the Ethereum blockchain, facilitating cheaper and quicker transfers of ERC-20 tokens across the network.
Chromia is an EVM compatible layer-2 enhancement intended to improve existing dApps and enable the development of next-generation dApps through better scalability, enhanced data management, and customizable fee structures. The project recently received seed funding of $2.4 million from NFT gaming platform Chain of Alliance.
Additionally, Phemex is also listing Cartesi (CTSI), the world’s first Blockchain Operating System. It also acts as a layer-2 solution that integrates blockchains with Linux systems and other applications.
Biconomy (BICO) is also being listed on Phemex, aiming to enhance the user experience of onboarding and transactions using decentralized apps. It’s being listed alongside COTI, which promotes itself as the first enterprise-grade fintech platform enabling businesses to create their own payment services and digitize any currency to save time & expenses. DENT, a ground-breaking digital mobile operator that provides eSIM cards, mobile data subscriptions, call minutes top-ups, and roaming-free service, is also being listed on the Phemex platform.
Why Phemex?
Jack Tao, the founder of Phemex, is on a quest to bring balance back into trading. Over the last three years, Phemex has witnessed exponential growth owing to its feature-rich platform, commendable customer service, and constant communication with its community.
Phemex support staff is always available and encourages feedback and requests through their social media channels. The platform’s dedication to client satisfaction is unrivaled in the business, and because of this more than 2 million users have trusted Phemex for their trading needs. Join today and kickstart your trading journey.
In addition, Phemex will be hosting various campaigns such as the NFT Galore campaign to give back to its community with airdrops worth $10,000 USD. Visit the coin listing campaign announcement page for more details and grab your rewards.
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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
