4 New Cryptocurrencies are on Instant Trade
We have listed WOO Network (WOO), DFI.Money (YFII), GMX (GMX) and VITE (VITE) With the new listings, number of cryptocurrencies listed on Bitexen Global has reached 224.
The new digital assets that Bitexen has listed on its platform are as follows;
WOO Network (WOO):
WOO Network is a system of centralized (CeFi) and decentralized
(DeFi) services that is designed to provide cryptocurrency market participants
with deep liquidity. Benefitting from blockchain technology, WOO Network
provides users, trading platforms, institutions and the DeFi platforms with
services such as greater market liquidity and faster transactions at low or
zero costs. The WOO Network platform’s local token is WOO.
DFI.Money (YFII):
DFI. Money, which emerged with the fork of the yearn.finance (YFI)
blockchain, was launched in July 2020. DFI.Money is a decentralized finance
platform (DeFi) that aims to develop products on liquidity provision, leveraged
trading, automated market maker (AMM) and more. DFI.Money offers a profit
optimization service for liquidity providers and moves their funds autonomously
between lending protocols such as Aave and Compound for the highest returns.
YFII is the local token of the DFI.Money platform. Users can provide liquidity
to DFI.Money’s liquidity pool to earn YFIIs and use them for platform
management.
GMX (GMX):
GMX is a decentralized crypto asset trading platform. Users can
connect to the platform using their wallets to easily trade cryptocurrencies
without requiring a permission. GMX is the local token of the GMX Protocol.
Users can stake GMX tokens, earn a portion of GMX’s protocol fees and benefit
from incentives. GMX supports the Arbitrum and Avalanche networks.
VITE (VITE):
VITE is a Directed Acyclic Graph (DAG) based smart contracts
platform that offers transactions with no costs and is optimized for
transaction speed and security. In order to provide all these services, VITE
uses the Snapshot Chain structure that has the
Hierarchical-delegated-Proof-of-Stake (HDPoS) consensus algorithm. The VITE
virtual machine is compatible with EVM and uses asynchronous smart contract
language Solidity++.
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