Venom Unveils Deepcoin's New Spot and Futures Listings
Singapore, Singapore, July 17, 2024 - Chainwire
The Venom Foundation is thrilled to share that its native currency, $VENOM, has been listed on Deepcoin. Spot and Perpetual Futures This move is a significant part of Venom's strategy to broaden its reach, especially considering Deepcoin's robust presence across Asia.
Key Highlights
Deepcoin’s Market Position
Deepcoin stands out as a leading derivatives exchange, ranking among the top ten globally. With a user base exceeding 10 million and a staggering daily trading volume of around $10 billion in both spot and derivatives, it's a powerhouse in the industry. CoinGecko This listing is another crucial milestone for the Venom Foundation in its quest to strengthen its presence worldwide. By joining Deepcoin, Venom is not only enhancing its accessibility but also strategically situating itself on a prominent exchange that excels in the Asian market.
Strategic Importance
This listing marks Venom's third in just a few weeks, reflecting an uptick in global interest and adoption by centralized exchanges. With these additions, Venom extends its reach to an additional 40 million users around the globe. This increase in visibility and access represents key progress for Venom as it seeks to elevate its brand awareness and solidify its position in the international market.
Continued Growth
"Securing a spot on Deepcoin is a vital step forward in our global outreach strategy,\" remarked Christopher Louis Tsu, CEO of Venom Foundation. \"Gaining approval for Perpetual Futures trading signifies our dedication to delivering a diversified trading environment for our users, boosting awareness while adding more opportunities for our expanding community.\"
Leadership Perspectives
"We enthusiastically welcome Venom’s inclusion on Deepcoin, and we are excited to see our users take advantage of this new opportunity,\" stated Ego Huang, Founder and CEO of Deepcoin. \"The addition of Venom aligns seamlessly with our goal of providing access to the most cutting-edge and promising digital assets available. Venom's distinct attributes and robust community backing make it a great fit for our platform. We are committed to continually enhancing our offerings and improving the trading experience for our global audience.\"
Deepcoin’s Statement
This is an innovative layer-0 and layer-1 network that effortlessly connects with other independent networks through its unique Mesh technology. Utilizing a masterchain for comprehensive state and consensus management, Venom enables unlimited autonomous workchains for managing user accounts, smart contracts, and decentralized applications. The Mesh technology optimizes communication between chains, ensuring swift and scalable operations. With rapid finality, robust security, and stable interfaces, Venom is well-suited for hosting central bank digital currencies (CBDCs) and large-scale platforms.
About Venom Foundation
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