We are excited to announce the listing of Venom (VENOM) on our spot trading markets. This guide covers everything you need to know about the new listing, from key dates to project insights and trading tips.
Key Dates for Venom (VENOM) Listing
Mark your calendars with the following important timelines for VENOM trading:
- VENOM Deposits Open: March 22, 2024, at 08:30 am UTC
- VENOM/USDT Spot Trading Begins: March 25, 2024, at 08:00 am UTC
- VENOM Withdrawals Open: March 28, 2024, at 10:00 am UTC
What Is the Venom Network?
Venom is a Layer-0 blockchain designed to provide a sustainable and scalable infrastructure. It aims to support corporate, government, and Web3 applications by enabling independent economies on a unique mesh-network architecture. This design allows for high scalability and flexibility, making it a notable project in the blockchain space.
Venom (VENOM) Token Details
- Asset Name: Venom
- Ticker: VENOM
- Total Supply: 7,200,000,000 tokens
How to Start Trading VENOM
To begin trading VENOM, ensure you have a funded account. You can deposit other assets, convert them to USDT, and be ready for when the trading pair goes live. For a smooth experience, familiarize yourself with the platform's spot trading interface and tools. 👉 Explore advanced trading strategies
Understanding the Risks of Digital Asset Trading
Trading digital assets involves significant risk. The market is highly volatile, and prices can fluctuate dramatically in a short period. It's crucial to understand that you could lose the entire value of your investment. Always conduct thorough research and never invest more than you are willing to lose.
The information provided here is for educational and informational purposes only. It should not be considered financial advice or a recommendation to trade.
Frequently Asked Questions
What is a Layer-0 blockchain?
A Layer-0 blockchain is the underlying infrastructure that allows multiple Layer-1 blockchains to operate on top of it. It provides the foundational protocol and network structure, enabling better scalability, interoperability, and customization for connected chains compared to traditional single-layer networks.
How do I buy VENOM tokens?
Once spot trading begins, you can buy VENOM tokens on the exchange using the VENOM/USDT trading pair. First, ensure you have USDT in your spot wallet. Then, navigate to the spot trading section, select the VENOM/USDT pair, and place your buy order at the desired price.
What is the total supply of VENOM?
The total maximum supply of VENOM tokens is fixed at 7.2 billion. This finite supply is a key economic characteristic of the asset, similar to many other digital currencies.
Is Venom Network a good investment?
We cannot provide investment advice. The potential of any project, including Venom Network, depends on numerous factors like technology adoption, market conditions, and team execution. It is essential to do your own extensive research (DYOR) and assess your personal risk tolerance before making any investment decisions.
When can I withdraw VENOM?
Withdrawals for the VENOM token are scheduled to open on March 28, 2024, at 10:00 am UTC. This allows a period after trading begins for the network to be stabilized.
What makes Venom Network unique?
Venom Network's uniqueness stems from its Layer-0 mesh-network architecture, which is designed to host independent economies and applications. This focus on providing a base layer for both Web2 and Web3 entities aiming for high throughput and customizable blockchains sets it apart.