Press Release
EVAL (EverValue Coin) Set to Launch on XT Exchange
EverValue Coin (EVAL) aims to offer secure and scalable transaction solutions for the decentralized finance ecosystem with its upcoming listing on XT Exchange.
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Singapore, Singapore, October 13th, 2024 – The EverValue Coin project is thrilled to announce the upcoming listing of EVAL (EverValue Coin) on XT Exchange. The EVAL/USDT trading pair will be available in the Main Zone. Those interested can take note of the following go-live schedule:
- Deposit: 09:00 on October 12, 2024 (UTC)
- Trading: 09:00 on October 7, 2024 (UTC)
- Withdrawal: 09:00 on October 12, 2024 (UTC)
About EVAL (EverValue Coin)
EverValue Coin (EVA) is a cryptocurrency designed as an alternative for users who want to hold Bitcoin long-term while hoping its value appreciates. EVA is fully backed by Bitcoin and has a final issuance of 21 million tokens, creating built-in scarcity and a zero inflation rate. Unlike Bitcoin, EVA operates via a smart contract wallet, where new Bitcoin (wBTC) is deposited daily, but can only be withdrawn by burning EVA tokens. This deflationary mechanism enhances the token’s value as its Bitcoin backing increases daily.
The continual growth in value is supported by two mechanisms: users burning EVA to unlock profits and a programmed, systematic token burn. All Bitcoin added to the Burn Vault (EVA’s liquidity reserve) comes from mining operations and token sales. During the first year, the EVA Group will burn 3 million tokens and return the withdrawn wBTC to the Burn Vault, ensuring a stable and appreciating asset base. As new Bitcoin is mined daily and added to the Burn Vault, EVA maintains a guaranteed and constantly increasing minimum price in wBTC.
EVA’s smart contract has been audited by Hacken, with the code publicly available to ensure security and transparency for all users. By combining Bitcoin’s long-term value with the deflationary model of token burning, EVA creates a platform for users to enhance their Bitcoin holdings securely and steadily over time.
The listing of EVAL on XT Exchange aims to open new opportunities for both the EverValue Coin project and its community. This partnership provides EVA with access to a broader audience of traders and crypto enthusiasts, with the hopes of boosting liquidity and fostering growth. By joining XT Exchange, EVAL is looking to position itself to lead the charge in offering Bitcoin-backed solutions for users worldwide, with the intention of further advancing the integration of smart contracts and deflationary assets.
Albin Warin, CEO of XT Exchange, shared his enthusiasm for the listing: “We are thrilled to welcome EverValue Coin to our platform. EVA’s unique model of combining Bitcoin backing with smart contract functionality aligns perfectly with our mission to support forward-thinking and impactful projects. We believe this listing will provide tremendous value to our users and contribute to the evolution of decentralized finance.”
Website: https://evervaluecoin.com
Blockchain Explorer: https://arbiscan.io/token/0x45d9831d8751b2325f3dbf48db748723726e1c8c
Whitepaper: https://evervaluecoin.com/white-paper/
Twitter: https://twitter.com/evervaluecoin
Telegram: https://t.me/@EverValueCoin
Burn Vault Address: https://arbiscan.io/address/0xA89d65deF0A001947d8D5fDda93F9C4f8453902e
About XT
Founded in 2018, XT serves more than 7.8M registered users, over 1M monthly active users, 40+ million users in the ecosystem, and more than 800 tokens with 1000+ trading pairs. XT crypto exchange offers a variety of trading categories with the intention of providing a secure, trusted, and intuitive trading experience for its large user base. This includes crypto futures trading (USDT-M Futures and coin-M futures perpetual contracts) and copy trading that allows users to replicate top traders in real time with just one click. Additionally, the futures grid allows users to automate the buying and selling of futures contracts for profits.
Website: xt.com
Telegram: t.me/XTsupport_EN
Contact
EVAL (Evervaluecoin)
[email protected]
