The new year brings fresh opportunities, and the cryptocurrency space is no exception. To kick off 2024, a major exchange has integrated 19 new digital assets into its ecosystem, providing users with more options and flexibility in their trading and investment activities.
This expansion is designed to offer a richer and more diverse crypto experience, supporting both new and seasoned traders in navigating the dynamic digital asset landscape. Below is a detailed overview of each newly supported asset and its potential use cases.
Overview of Newly Supported Digital Assets
Arbitrum (ARB)
Arbitrum is a scalable Ethereum Layer 2 solution that uses optimistic rollups to enable faster and cheaper transactions. It is ideal for users looking for efficient Ethereum-compatible operations.
Available trading pairs: ARB/USD, ARB/USDT, ARB/BTC.
Celo (CELO)
Celo simplifies crypto transactions by allowing users to send and receive funds using a phone number as a wallet address. It focuses on accessibility and mobile-friendly finance.
Available trading pairs: CELO/USD, CELO/USDT.
Enjin Coin (ENJ)
Enjin offers a blockchain-based ecosystem for gaming, enabling developers to tokenize in-game items. It is tailored for gamers and creators in the digital collectibles space.
Available trading pairs: ENJ/USD, ENJ/USDT. Enjoy reduced trading fees of 0.10%.
EOS (EOS)
EOS is a high-performance Layer 1 blockchain that offers feeless transactions and low latency. It supports decentralized applications with high scalability.
Available trading pairs: EOS/USD, EOS/USDT, EOS/BTC.
Flow (FLOW)
Flow is a permissionless blockchain designed for building decentralized Web3 applications. It targets developers and users in the NFT and gaming sectors.
Available trading pairs: FLOW/USD, FLOW/USDT.
Hedera (HBAR)
Hedera uses a hashgraph consensus algorithm for fast and secure transactions. Its community-based validation model offers an efficient alternative to traditional blockchains.
Available trading pairs: HBAR/USD, HBAR/USDT.
NEAR Protocol (NEAR)
NEAR is a carbon-neutral blockchain that uses sharding to scale decentralized applications. It features human-readable account names and is built for user-friendly dApp experiences.
Available trading pairs: NEAR/USD, NEAR/USDT, NEAR/BTC.
Theta Network (THETA)
Theta is a decentralized video streaming network that uses a dual-token model. It rewards users for sharing bandwidth and content.
Available trading pairs: THETA/USD, THETA/USDT, THETA/BTC.
Aptos (APT)
Aptos leverages technology originally developed for Libra/Diem and aims for high throughput, claiming up to 160,000 transactions per second.
Available trading pairs: APT/USD, APT/USDT.
Velo (VELO)
Velo is a Stellar-based financial protocol focused on borderless transfers and digital credit issuance. It serves users in need of efficient cross-border payment solutions.
Available trading pairs: VELO/USD, VELO/USDT.
GMX (GMX)
GMX is a decentralized exchange supporting spot and perpetual trading on Arbitrum. It appeals to traders looking for advanced DeFi tools.
Available trading pairs: GMX/USD, GMX/USDT.
Fetch.ai (FET)
Fetch.ai is a decentralized machine learning network that allows users to build and monetize AI services. It is aimed at developers and tech enthusiasts.
Available trading pairs: FET/USD, FET/USDT.
FIO Protocol (FIO)
FIO Protocol serves as a usability layer for blockchain, simplifying transactions and improving interoperability across networks.
Available trading pairs: FIO/USD, FIO/USDT.
Frax Share (FXS)
FXS is the governance token for the Frax Protocol, a fractional-algorithmic stablecoin ecosystem. It accrues fees and revenue from the platform.
Available trading pairs: FXS/USD, FXS/USDT.
Hashflow (HFT)
Hashflow is a decentralized exchange enabling cross-chain swaps with zero slippage. It is ideal for traders seeking efficient multi-chain token exchanges.
Available trading pairs: HFT/USD, HFT/USDT.
Oasis Network (ROSE)
Oasis Network is a privacy-focused blockchain supporting confidential smart contracts and dApps. It is designed for users prioritizing data protection.
Available trading pairs: ROSE/USD, ROSE/USDT.
Siacoin (SC)
Siacoin powers a decentralized cloud storage platform where users can rent storage space from one another. It offers an alternative to traditional cloud services.
Available trading pairs: SC/USD, SC/USDT.
Sei (SEI)
Sei is a Layer 1 blockchain optimized for digital asset exchanges across areas like gaming, social media, and NFTs. It focuses on high-speed trading.
Available trading pairs: SEI/USD, SEI/USDT.
Stacks (STX)
Stacks brings smart contracts and decentralized applications to Bitcoin, extending its functionality beyond simple transactions.
Available trading pairs: STX/USD, STX/USDT.
Trading and Availability
All the digital assets listed above are available for buying, selling, and converting through the platform’s wallet service. They are also supported on the advanced trading interface. Deposit and withdrawal functionalities for these cryptocurrencies will be introduced in the near future.
👉 Explore real-time trading pairs and market data
The team behind the platform continues to explore new cryptocurrencies and blockchain innovations to provide users with more gateways into the crypto economy. Regular updates and new listings are planned throughout the year.
Frequently Asked Questions
What are the benefits of adding new cryptocurrencies to an exchange?
Adding new assets increases diversification opportunities for users, supports emerging blockchain projects, and enhances the overall trading experience by offering more options.
How can I start trading these new digital assets?
You can begin by depositing funds into your account, navigating to the trading section, and selecting from the available trading pairs for each asset.
Are these cryptocurrencies available for users in the U.S.?
Currently, these assets are not supported for U.S.-based customers due to regulatory considerations. Always check the list of supported jurisdictions for the latest updates.
What is the difference between trading on the exchange and using the wallet?
The exchange allows for advanced trading with order books and multiple pair options, while the wallet focuses on straightforward buying, selling, and converting of cryptocurrencies.
Is there a risk involved in trading new digital assets?
Yes, all digital asset investments carry risk due to market volatility. It is important to conduct thorough research and consider your risk tolerance before trading.
Will more assets be added in the future?
The platform is committed to regularly expanding its supported assets based on user demand, market trends, and compliance requirements.
Note: The products and services mentioned may not be available in all jurisdictions. Always verify access based on your location. Digital asset investments are subject to market risk; please exercise caution and make informed decisions.