Decentralized trading platform SnapX simultaneously listed on major global exchanges including Binance Alpha

Bloomingbit Newsroom

Summary

  • XNAP token was announced to be simultaneously listed on major global exchanges including Binance Alpha, Kraken, and MEXC on the 27th (local time).
  • SnapX said that with this listing, XNAP can be traded with deep liquidity and reliable infrastructure, and that this marks an opportunity to open a new phase in the project's growth.
  • XNAP supports various functions within the SnapX ecosystem such as governance and reward incentives, and they said they plan to further expand user rewards and governance participation.
Photo=SnapX
Photo=SnapX

Decentralized virtual asset (cryptocurrency) trading platform SnapX announced on the 28th that its native token 'XNAP' was simultaneously listed on major global exchanges including Binance Alpha, Kraken, and MEXC on the 27th (local time).

SnapX said, "Through this listing, traders around the world can trade XNAP with deep liquidity and reliable infrastructure," adding, "This marks an opportunity that opens a new phase in the project's growth." Currently, XNAP is available as spot trading pairs on the three exchanges.

XNAP is the governance and incentive token of the SnapX ecosystem and was designed to encourage actual use and participation in a decentralized trading (DEX) environment. XNAP supports various functions within the ecosystem, including escrow-based governance participation (esXNAP), a vote-lock reward system (veXNAP), and active user reward incentives. SnapX explained, "XNAP is a utility token used only within SnapX, and we will continue to expand user rewards and governance participation."

SnapX is a Telegram mini app–based decentralized trading platform that provides customized data such as real-time DEX metrics, trader signals, and major influencer (KOL) performance tracking. Users can explore trading opportunities within the Telegram environment and quickly make signal-based decisions.

SnapX said it will "build an 'InfoFi' ecosystem and provide a next-generation trading experience that improves both information accessibility and trading efficiency through it."

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