HitBTC Digest – October 2022

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What’s new on HitBTC

  • On November seventh, we burned a complete of twenty-two,633,768 HIT tokens (about 3 million USDT). We decided the quantity of burn based mostly on the HitBTC’s October buying and selling charges, in addition to token worth and market situations. Transaction hyperlink
  • USDD stablecoin is again into Staking. Beginning October 11, you’ll be able to benefit from the 11% APY on USDD staking with no lock up interval.
  • We now have added new pairs for margin buying and selling:                                                x50: FIL/USDT, KNC/USDT;                                                                              x25: FLOW/USDT, ATOM/USDT, SAND/USDT, FTM/USDT.
  • To ease the method of deposits and withdrawals, we proceed so as to add hottest tokens on varied chains:                                           – Tether (USDT) – on Avalanche (AVAC) and BEP-20 (BSC);                        – USD Coin (USDC) – on Avalanche (AVAC) and Tron (TRX);                      – NEAR, a local token of Close to Protocol, is now additionally out there as      BEP-20 token.

Laborious forks and airdrops

September had one of the vital arduous forks in crypto historical past – The Ethereum Merge. October certainly didn’t have something even intently comparable however we supported three vital ones:

  • BNB Good Chain (BSC). The arduous fork was in response to a hack and aimed to make community safer;
  • Kava (KAVA);
  • Horizen (ZEN).

In October 2022, we additionally efficiently swapped our person’s holdings of Bridge Oracle (BRG), a BEP-20 token.

New listings on HitBTC:

  • BIDR (BIDR) – stablecoin on BEP-20 sensible chain pegged to Indonesian Rupiah.
  • Beacon ETH (BETH) – wrapped ETH token on BEP-20 Good Chain.
  • Moonbeam (GLMR) – native token of the Ethereum-compatible sensible contract parachain on Polkadot. Moonbeam makes it straightforward to make use of well-liked Ethereum developer instruments to construct or redeploy Solidity initiatives in a Substrate-based atmosphere.
  • UniLend (UFT) – ERC-20 governance token of the permission-less DeFi protocol that mixes spot buying and selling companies and lending/borrowing performance inside the identical platform. Whereas different DeFi protocols assist solely ~30 property, anybody can listing any ERC-20 asset on UniLend for decentralized buying and selling and lending/borrowing.
  • LooksRare (LOOKS) –  governance token of the community-first NFT market that vows to deal with rewarding merchants, collectors and creators. It prides itself on being based “by NFT individuals for NFT individuals.” LOOKS is the ERC-20 token.
  • XANA (XETA) – the first native token of XANA, a blockchain infrastructure and strong DApps platform. XANA runs on Avalanche C-Chain.

HitBTC Cellular Apps

Please don’t forget which you can commerce on our platform out of your cell system. Begin in the present day by downloading the HitBTC App on Android and iOS.

Additionally, we’ve probably the greatest wallets available on the market! Test it out right here.

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