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Home»ADOPTION NEWS»Saros cryptocurrency (SAROS) will be listed on Bybit.
ADOPTION NEWS

Saros cryptocurrency (SAROS) will be listed on Bybit.

By Crypto FlexsJanuary 19, 20242 Mins Read
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Saros cryptocurrency (SAROS) will be listed on Bybit.
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bybitPopular cryptocurrency exchange recently announced the addition of SAROS to its spot trading platform. This listing, scheduled for January 19, 2024, follows the opening of deposits on January 18 and ahead of the withdrawal time scheduled for January 20. As part of this important event, Bybit has unveiled a special promotion featuring a 50,000 USDT prize pool. Listing of Saros and encouraging participation from both new and existing users.

This approach is not new to Bybit. As seen in similar plans for the Inspect (INSP) token listing, it will feature a 70,000 USDT prize pool and represents the exchange’s consistent strategy to attract users to the new listing.​​

Saros, a blockchain-based platform, recently completed a significant funding round, raising $3.75 million from various investors. This round saw significant participation from well-known companies such as Solana Ventures, Hashed, Spartan, Arche Fund and other industry leaders. This funding will be pivotal to Saros’ expansion plans and the development of the Saros Super App, a comprehensive non-custodial web3 application targeted for launch in the first quarter of 2024.​​​​​​​

Saros Super App aims to facilitate digital asset transfers by providing a one-stop solution for global payments and transactions. The funds raised are expected to be used to accelerate app development and support expansion strategies. Along with the app, Saros plans to launch SarosID, a privacy-preserving digital solution to boost adoption of its Super App service. This decentralized identity system is designed to provide seamless access and promote user participation in the Saros ecosystem.​​​

The successful completion of this funding round is a significant milestone for Saros and represents a strategic move to reshape the decentralized finance landscape. With its focus on fostering innovation and building a more inclusive financial ecosystem, Saros is well-positioned to make a profound impact on the world of digital assets.

Image source: Shutterstock

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