Bitrue becomes First Exchange to Support Blast Network with Pacmoon Listing
Cryptocurrency exchange Bitrue today announced the complete integration of the Blast Layer 2 network and also became the first exchange in the world to list Pacmoon ($PAC).
🔥 New listing #PACMOON is coming to #Bitrue Spot in the #Meme sector. @pacmoon_
🔹 Deposits opened #Blast network
🔹 PACMOON/USDT trading: 10:00 UTC, 7 June
🔹 Enjoy ZERO trading fees within 7 days
👉 Details: https://t.co/PHDvSbYtLT pic.twitter.com/0D5kbzWNO7— Bitrue (@BitrueOfficial) June 7, 2024
Pacmoon deposits have already been made available by the exchange, and spot trading on the PAC/USDT pair will commence at 10:00 UTC today, according to its press release.
The leading cryptocurrency exchange noted for its innovation in the Web3 space stated that after there have been enough deposits, withdrawals will be permitted. Users can take advantage of free trading fees for a week on Bitrue in celebration of the exchange being the first to support the Blast network and list Pacmoon.
The virality-based tokenomics of Pacmoon, a community-focused memecoin, set it apart from the competition. Users acquire tokens by promoting them on Twitter. Community members are encouraged to produce and share unique, interesting content, which in turn increases its popularity, since the more coins the creator receives, the more popular the content will be.
Pacmoon is based on Ethereum and is developed on the Blast Layer 2 network. Among its peers, Blast stands out as the only L2 that can provide native yields for Ethereum and specific stablecoins. As a result, as of June 2024, there will be over $3 billion in TVL on the network.
With a track record of innovation in the cryptocurrency space, Bitrue recently made history by being the first exchange globally to list RUNE tokens, which are built on the Bitcoin network. The company describes this move as optimizing choices for its users. With more than 700 coins available for trade, Bitrue frequently offers users access to trending coin projects before other exchanges do, enabling investors to add the coin to their portfolios early and potentially profit from it.
With the establishment of Bitrue Ventures, a new division of the business tasked with spotting and nurturing budding web3 projects in order to introduce new tokens to the market, Bitrue has demonstrated its dedication to innovation once again. Bitrue Ventures has already assessed a wide range of projects for suitability, and it soon plans to announce its first partnerships.
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