Singapore, Singapore, July 17, 2024, Chainwire
Venom Foundation is pleased to announce the listing of its native token, $VENOM, on the Deepcoin spot and perpetual futures markets. This development marks the next step in Venom’s global expansion strategy, particularly with Deepcoin’s strong presence in Asia.
Key pointsDeepcoin Market Position
According to CoinGecko, Deepcoin is among the top 10 derivatives exchanges. The exchange has over 10 million users worldwide and records a daily trading volume of approximately $10 billion, spanning both spot and derivatives markets.
Strategic importance
The listing represents another step in Venom Foundation’s strategic plan to expand its global footprint and enhance its market presence. By securing a spot on Deepcoin, Venom not only increases its accessibility but also strategically positions itself within a leading platform recognized for its strong presence in the Asian market.
Continuous growth
This is Venom’s third listing in recent weeks, demonstrating growing global adoption and increasing interest from centralized exchanges. With these recent listings, Venom is now accessible to an additional 40 million users worldwide. This increased visibility and accessibility are important milestones for Venom, contributing to increased awareness and further solidifying Venom’s presence in the global market.
Leadership Perspectives
“The listing on Deepcoin is a strategic step forward in our global expansion efforts,” said Christopher Louis Tsu, CEO of the Venom Foundation. “Securing approval for perpetual futures trading on Deepcoin reflects our commitment to offering a diversified trading experience for users, enhancing awareness, and providing additional opportunities for our expanding community.”
Deepcoin Statement
“We warmly welcome Venom’s listing on Deepcoin and look forward to seeing our users benefit from this new opportunity,” said Ego Huang, Founder and CEO of Deepcoin. “Venom’s listing aligns perfectly with our mission to provide our users with access to the most innovative and promising crypto assets on the market. Venom’s unique features and strong community support make it a valuable asset to our platform. At Deepcoin, we will continuously expand our offerings and improve the trading experience for our global user base.”
About the Venom Foundation
Venom is a cutting-edge Layer-0 and Layer-1 network that seamlessly integrates with other independent networks through innovative Mesh technology. Anchored on a master chain for overall state management and consensus, Venom supports unlimited autonomous work chains for user accounts, smart contracts, and decentralized applications. Mesh technology optimizes cross-chain communication, ensuring speed and scalability. With fast finality, comprehensive security, stability, and user-friendly interfaces, Venom is ideal for hosting CBDCs and large-scale platforms.
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ContactVenom Foundation[email protected]
This article was originally published on Chainwire
