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Home»BITCOIN NEWS»Bitfinex is one of the first exchanges to list Taiko’s native token, TAIKO.
BITCOIN NEWS

Bitfinex is one of the first exchanges to list Taiko’s native token, TAIKO.

By Crypto FlexsJune 4, 20243 Mins Read
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Bitfinex is one of the first exchanges to list Taiko’s native token, TAIKO.
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June 3 Bitfinex is one of the first exchanges to list Taiko’s native token, TAIKO.

Posting time: 10:00h
From media materials
Maria Lobusova

Road Town, British Virgin Islands – 3rd June 2024 – Bitfinex (https://www.bitfinex.com), a leading digital asset trading platform, today announced that it will be one of the first exchanges to list TAIKO, Taiko’s native token focused on Ethereum-based layer 2 networks. About scalability.

First launched in 2022, Taiko is the ZK-rollup equivalent of Ethereum. This means using zero-knowledge rollup technology to scale Ethereum by batching multiple transactions, reducing costs, and increasing speed. Taiko, a layer 2 solution, operates on top of the Ethereum mainchain, providing improved scalability while maintaining the decentralized, permissionless, and secure nature of Ethereum. Taiko stated on its website that to date it has run six testnets with over 1.1 million unique wallets, over 30,000 proposers, and over 14,000 approvers.

TAIKO, Taiko’s native token, provides holders with several features, including governance voting rights, support for Taiko’s rollup solutions, and monetization for proposers and approvers.

“We are very excited to add TAIKO to our wide range of listed tokens,” he said. This is Henry Child, Head of Tokens at Bitfinex. “At Bitfinex, we are proud to support developers who prioritize decentralization and scalability. These principles are essential to the future of web3.”

TAIKO deposits are scheduled to open around 10:00 AM (UTC) on June 4, 2024, depending on network conditions. Trading is scheduled to begin at approximately 1:00 PM UTC on June 5, 2024, subject to meeting liquidity requirements. TAIKO can be traded against US dollars (TAIKO/USD) and Tether tokens (TAIKO/USDt).

To access TKO on Bitfinex, customers can visit https://www.bitfinex.com/.

*All users of www.bitfinex.com are subject to the Bitfinex Terms of Service (“TOS”). Among other prohibited persons (as defined in the TOS), U.S. persons (as defined in the TOS) are strictly prohibited from holding, owning, or operating, directly or indirectly, an Account (as defined in the TOS) at www.bitfinex. .com.

Introduction to Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform that provides cutting-edge services to traders and global liquidity providers. In addition to a series of advanced trading features and charting tools, Bitfinex offers access to peer-to-peer finance, OTC markets, and margin trading for a variety of digital tokens. Bitfinex’s strategy is focused on providing unparalleled support, tools and innovation to skilled traders and liquidity providers around the world. For more information, please visit www.bitfinex.com.

Bitfinex Media Contact

(email protected)

To view the official logo and branding, please visit:

https://www.bitfinex.com/press/#press-downloads

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