Blockchain Cryptocurrency News Trading

Crypto Exchange KuCoin Lists Conflux (CFX) for Trading

Crypto Exchange KuCoin Lists Conflux (CFX) for Trading
KuCoin users can now trade the native token of the only regulatory compliant public blockchain in China

Conflux, the only regulatory compliant public blockchain network in China, is now available for trading on global crypto exchange KuCoin. Starting , users can buy and sell CFX, the native token of Conflux Network, on KuCoin’s trading platform. The supported trading pair is CFX/USDT.

Latest Fintech Insights : Vesto Partners with Element Finance to Bring DeFi to Broader Set of Financial Institutions

The listing on KuCoin provides crypto traders and Conflux users a new venue to trade CFX, which is already listed Binance, OKX, Gate.io, and many other trusted exchanges. The listing comes as Conflux experiences a surge in developer activity on the heels of a wave of new product launches and integrations.

“As we continue building Conflux as a truly permissionless and borderless blockchain at global scale, our listing on KuCoin helps make our network more accessible to users around the world,” said Fan Long, co-founder of Conflux. “We’re at the tipping point in our development as more and more developers rush to leverage our permissionless blockchain infrastructure, so we’re thrilled at the opportunity to expand our community.”

Browse The Complete News About Fintech: Bank of America Commits to Investing in Overlooked Ventures Early Stage Startup Fund

Recent network updates aimed at improving the developer experience include the launch eSpace, an EVM-compatible smart contract execution environment that allows developers to deploy and execute Ethereum-native dApps and smart contracts within the Conflux ecosystem. The network also underwent a hard fork, which introduced the addition of a Proof of Stake (PoS) finality chain that expands on the network’s existing Proof of Work (PoW) chain.

Conflux has also been expanding its multi-chain strategy, partnering with decentralized cross-chain router Multichain to release Co-Mint, a radical bridge solution to unify blockchain bridges, promote decentralization, and enable efficient use of liquidity.

CFX deposits and trading is available on KuCoin effective immediately. Withdrawals will be enabled at 10:00 on April 2, 2022 (UTC).

Read More About Fintech News : Leal, a Colombian-Based Consumer and Fintech Startup, Secures a $10M Series A Led by Rakuten Capital and IDC Ventures

 [To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Vic.ai Secures $50 Million to Spur AI Adoption within Enterprise Finance and Accounting

Fintech News Desk

State Employees’ Credit Union Selects Black Knight’s Servicing Solutions for Unmatched Level of Innovation

Fintech News Desk

MyGate Acquires MyCommunity Genie To Strengthen Community Commerce Play

Fintech News Desk
1