Chainwire
Venom Announces Deepcoin Spot & Futures Listings
Deepcoin users can now access Venom's spot and futures trading, enhancing portfolio diversification and trading strategies.
Disclaimer: This is a sponsored press release. Readers should conduct their own research prior to taking any actions related to the content mentioned in this article. Learn more ›
Singapore, Singapore, July 17th, 2024, Chainwire – Venom Foundation is pleased to announce the listing of its native token, $VENOM, on Deepcoin Spot and Perpetual Futures markets. This development marks the next step in Venom’s global expansion strategy, particularly with Deepcoin’s strong presence in Asia.
Key Highlights
Deepcoin’s Market Position
Deepcoin is ranked among the Top 10 derivatives exchanges by CoinGecko. The exchange supports over 10 million users globally and records a daily trading volume of approximately $10 billion, encompassing both spot and derivatives markets.
Strategic Importance
The listing represents another step in Venom Foundation’s strategic plan to expand its global footprint and enhance its market presence. By securing a spot on Deepcoin, Venom is not only increasing its accessibility but also strategically positioning itself within a leading exchange renowned for its strong presence in the Asian market.
Continued Growth
This marks Venom’s third listing in recent weeks, showcasing growing global adoption and increasing interest from centralized exchanges. With these recent listings, Venom is now accessible to an additional 40 million more users worldwide. This increased visibility and accessibility are important milestones for Venom, contributing to broader awareness and further establishing Venom’s presence in the global market.
Leadership Perspectives
“Listing on Deepcoin is a strategic advancement in our global expansion efforts,” stated Christopher Louis Tsu, CEO of Venom Foundation. “Securing approval for Perpetual Futures trading on Deepcoin reflects our commitment to offering a diversified trading experience for users, enhancing awareness and providing additional opportunities for our expanding community.”
Deepcoin’s Statement
“We warmly welcome Venom getting listed on Deepcoin and look forward to seeing our users benefit from this new opportunity,” said Ego Huang, Founder and CEO of Deepcoin, “The listing of Venom aligns perfectly with our mission to provide our users with access to the most innovative and promising crypto assets in the market. Venom’s unique features and strong community support make it a valuable asset for our platform. At Deepcoin, we will continuously expand our offerings and enhance the trading experience for our global user base.”
About Venom Foundation
Venom is a cutting-edge layer-0 and layer-1 network, seamlessly integrating with other independent networks through innovative Mesh technology. Anchored by a masterchain for overall state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and dApps. Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is ideal for hosting CBDCs and large-scale platforms.
For more information, users can visit https://venom.foundation
Contact
Venom Foundation
[email protected]
Share
Press Release Syndication
Broadcast your project news with guaranteed coverage on industry-leading publications like CryptoSlate.
CryptoSlate has partnered with Chainwire to deliver press releases distributed across numerous crypto media sites, including Cointelegraph, Decrypt and The Defiant.
Chainwire has been used by over 800 brands and PR agencies worldwide.
Get Started with Chainwire
