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Home»BITCOIN NEWS»Bitfinex lists PORTAL, the portal’s native token
BITCOIN NEWS

Bitfinex lists PORTAL, the portal’s native token

By Crypto FlexsMay 22, 20243 Mins Read
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Bitfinex lists PORTAL, the portal’s native token
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May 21st Bitfinex lists PORTAL, the portal’s native token

Posted at: 08:09h
From media materials
Maria Lobusova

Road Town, British Virgin Islands – May 21, 2024 – Bitfinex (https://www.bitfinex.com), a leading digital asset trading platform, today announced the listing of PORTAL, the native token of Portal, a multi-chain web3 gaming platform.

Web3 games are growing tremendously, and the market size is expected to reach approximately $614 billion by 2030. This is a nearly 300% increase over the 2023 valuation of $154 billion. Portal is collaborating with LayerZero, a protocol that enables blockchain interoperability, to facilitate multi-chain experiences by connecting a variety of Web3 games to new players across blockchains. Among the platform’s features is Portal Passport, a one-stop login solution that holds a user’s gamer identity and assets across a variety of games.

PORTAL, the platform’s native token, offers a variety of features including access to exclusive NFTs, governance voting rights, yield staking, and in-game use to buy and sell game items.

“As the Web3 gaming sector attracts more and more users and games, projects like Portal, which aim to integrate the entire ecosystem, provide a strong foundation for the cryptocurrency gaming ecosystem. We are excited to include $PORTAL in our token offering.” said This is Henry Child, Head of Tokens at Bitfinex.

PORTAL deposits are scheduled to open around 10:00 AM (UTC) on May 21, 2024, depending on network conditions. Trading is expected to begin around 10:00 AM UTC on May 24, 2024, subject to meeting liquidity requirements. PORTAL can be traded against the US dollar (PORTAL/USD) and Tether tokens (PORTAL/USDt).

To access PORTAL on Bitfinex, customers should 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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