DeFiChain's DFI Token is now available for purchase on Huobi Global.
DeFiChain, the world's leading Bitcoin blockchain dedicated to bringing decentralized financial applications and services to everyone, has officially announced the listing of its native DFI token on Huobi Global, one of the world's leading cryptocurrency exchanges.
The token will begin trading against USDT on Huobi on July 25th at 06:00 (UTC), while DFI withdrawals will begin on July 26th at 07:00 (UTC). Traders and investors who purchase DFI on Huobi will be able to transfer the token to their DeFiChain wallet or elsewhere.
The DFI token can already be purchased on Kucoin, Bybit (ERC-20 format), Bittrex, Bitrue, Hotbit, and Bitpanda.
"Being listed on Huobi is a significant step forward for DeFiChain." We are pleased that DFI is being listed on an increasing number of major exchanges. Because of the wide range of real-world assets available on DeFiChain, an increasing number of top-tier exchanges are interested in listing DFI. "With each new listing, the masses gain access to the world of native decentralized finance on DeFiChain," said Benjamin Rauch, Marketing Director at DeFiChain Accelerator.
Huobi, which was founded in 2013, is one of the world's leading cryptocurrency exchanges. The listing on Huobi will increase DFI's visibility among the global cryptocurrency user base. Huobi allows users to buy, sell, stake, and borrow a wide range of cryptocurrencies, creating a comprehensive ecosystem for experienced crypto traders and investors.
The Dubai Virtual Assets Regulatory Authority recently granted Huobi provisional approval to offer virtual asset exchange products and services to pre-qualified investors and professional financial service providers.
The DFI token provides access to the DeFiChain ecosystem to the rest of the world. It is at the heart of all DeFiChain blockchain activities, including:
- Liquidity is provided in multiple pools.
- Staking for blockchain security and consensus
- Stock tokens and the dUSD stablecoin can be used as collateral to mint or borrow.
- As a token of appreciation. All DEX rewards are paid out in DeFiChain's DFI
Governance token. DeFiChain is a blockchain that is completely decentralized and has on-chain governance. Since the project's mainnet launch in May 2020, the community has been actively involved in almost every aspect of the blockchain, including nodes, master nodes, projects, tools, governance, economic ideas, and code governance. Its codebase was created in an open source manner, and it has been widely peer-reviewed and discussed.
About DeFiChain
DeFiChain is a decentralized Proof-of-Stake blockchain that was created as a Bitcoin network hard fork to enable advanced DeFi applications. It is committed to enabling decentralized financial services that are fast, intelligent, and transparent. Liquidity mining, staking, decentralized assets, and decentralized loans are all available on DeFiChain. The mission of the DeFiChain Foundation is to bring DeFi to the Bitcoin ecosystem.