Bitfinex Lists MEW Token
Bitfinex, a prominent digital asset exchange platform, has recently added the MEW token, the native token of the ‘cat in a dogs world’ project, to its list of offerings. This move demonstrates Bitfinex’s commitment to expanding its range of digital assets for users.
Introduction to MEW
MEW is a meme coin that operates on the Solana blockchain and was officially launched on March 26, 2024. The project’s primary goal is to utilize strategic burning techniques and deliberate airdrops to establish value, build a community, and create scarcity. Since its launch, MEW has gained significant traction in the Solana ecosystem due to its fast transaction speeds and low fees. In its first three hours, MEW recorded transactions worth $150 million.
Bitfinex’s Viewpoint
Henry Child, Bitfinex’s Head of Tokens, shared his thoughts on the listing: “In the evolving DeFi landscape, innovative projects like MEW play a pivotal role in introducing users to decentralized finance. We are excited to include MEW among our diverse range of digital assets.”
Trading Information
Deposits for MEW are projected to open around 11:00 AM UTC on July 2, 2024, pending network conditions. Trading is set to commence at approximately 11:00 AM UTC on July 4, 2024, subject to meeting liquidity requirements. MEW will be available for trading against US Dollars (MEW/USD) and Tether tokens (MEW/USDT).
Accessibility and Limitations
To engage with MEW on Bitfinex, users can access the official Bitfinex website. It is essential to understand that all users must adhere to Bitfinex’s terms of service. Residents of the United States and other restricted individuals are strictly prohibited from directly or indirectly owning, holding, or operating an account on the platform.
About Bitfinex
Established in 2012, Bitfinex stands as a leading digital asset trading platform that offers cutting-edge services to traders and global liquidity providers. Apart from advanced trading tools and charting capabilities, Bitfinex grants access to peer-to-peer financing, an OTC market, and margin trading for a wide array of digital assets. The platform’s strategy revolves around delivering unparalleled support, innovation, and tools for experienced traders and liquidity providers worldwide.
By
By
By
By
