Venom Foundation Lists Its Native Token, $VENOM, on Deepcoin Spot and Perpetual Futures Markets

This development marks the next step in Venom's global expansion strategy, particularly with Deepcoin's strong presence in Asia.

Singapore, Singapore, 17th July, 2024, Chainwire

Venom Foundation is delighted to announce the listing of its native token, $VENOM, on Deepcoin’s Spot and Perpetual Futures markets. This development marks the next step in Venom’s global expansion, especially considering Deepcoin’s strong presence in Asia.

Key Highlights:

Highlighting Deepcoin’s Market Position:

CoinGecko ranks Deepcoin among the Top 10 derivatives exchanges. The exchange boasts over 10 million users worldwide and records a daily trading volume of approximately $10 billion, spanning both spot and derivatives markets.

Emphasizing the Strategic Importance:

This listing aligns with Venom Foundation’s strategic plan to expand its global footprint and enhance its market presence. By securing a spot on Deepcoin, Venom is not only increasing its accessibility but also strategically positioning itself within a leading exchange, especially considering Deepcoin’s strong presence in the Asian market.

Highlighting Continued Growth:

This marks Venom’s third listing in recent weeks, showcasing growing global adoption and interest from centralized exchanges. With these recent listings, Venom is now accessible to an additional 40 million users worldwide. This increased visibility and accessibility are important milestones for Venom, contributing to broader awareness and further establishing Venom’s presence in the global market.

Leadership Perspectives:

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

Statement from Deepcoin:

“We warmly welcome Venom getting listed on Deepcoin and look forward to seeing our users benefit from this new opportunity,” said Ego Huang, Founder and CEO of Deepcoin, “The listing of Venom aligns perfectly with our mission to provide our users with access to the most innovative and promising crypto assets in the market. Venom’s unique features and strong community support make it a valuable asset for our platform. At Deepcoin, we will continuously expand our offerings and enhance the trading experience for our global user base.”

About Venom Foundation

Venom is a cutting-edge layer-0 and layer-1 network, seamlessly integrating with other independent networks through innovative Mesh technology. Anchored by a masterchain for overall state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and dApps. Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is ideal for hosting CBDCs and large-scale platforms.

For more information, visit: https://venom.foundation

Contact

Venom Foundation

[email protected]

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