Venom Announces Deepcoin Spot and Futures Listings, According to Chainwire

Singapore, Singapore, July 17th, 2024 – Venom Foundation is excited to announce the listing of its native token, $VENOM, on the Spot and Perpetual Futures markets of Deepcoin. This milestone is a significant step in Venom’s strategy for global expansion, particularly given Deepcoin’s robust presence in Asia.

Key Highlights: Deepcoin’s Market Position

Deepcoin ranks among the Top 10 derivatives exchanges and boasts over 10 million users worldwide, with a daily trading volume close to $10 billion across both spot and derivatives markets.

Strategic Importance

The listing of $VENOM is a crucial element of Venom Foundation’s plan to enhance its global footprint. By joining Deepcoin, Venom improves its accessibility and strategically places itself on a leading exchange recognized for its significant role in the Asian market.

Continued Growth

This represents Venom’s third listing in recent weeks, highlighting the increasing global adoption and interest from centralized exchanges. With these additions, the platform is now accessible to 40 million additional users worldwide. This enhanced visibility and accessibility are vital for raising awareness and solidifying Venom’s position in the global arena.

Leadership Perspectives

“Listing on Deepcoin is a strategic advancement in our global expansion efforts,” stated Christopher Louis Tsu, CEO of Venom Foundation. “The approval for Perpetual Futures trading reflects our commitment to providing a diversified trading experience for users, while also enhancing awareness and offering new opportunities for our growing community.”

Ego Huang, Founder and CEO of Deepcoin, added, “We are pleased to welcome Venom to Deepcoin and are excited to offer our users this new opportunity. The listing aligns with our mission to provide access to innovative and promising crypto assets. Venom’s unique features and robust community support make it a valuable addition to our platform. At Deepcoin, we are committed to continuously enhancing our offerings and improving the trading experience for our global users.”

About Venom Foundation

Venom is an advanced layer-0 and layer-1 network that integrates seamlessly with other independent networks using innovative Mesh technology. It is supported by a masterchain that manages overall state and consensus while allowing for unlimited autonomous workchains for user accounts, smart contracts, and decentralized applications (dApps). Mesh technology enhances inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is well-suited for hosting central bank digital currencies (CBDCs) and large-scale platforms.

Contact Information

For media inquiries, please reach out to Venom Foundation at their specified email address.

This article was originally published on Chainwire.