Categories: Press Release

Venom Announces Deepcoin Spot & Futures Listings

Singapore, Singapore, July 17th, 2024, Chainwire

Venom Foundation is pleased to announce the listing of 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.

Key Highlights

Deepcoin’s Market Position

Deepcoin is ranked among the Top 10 derivatives exchanges by CoinGecko. The exchange supports over 10 million users globally and records a daily trading volume of approximately $10 billion, encompassing both spot and derivatives markets.

Strategic Importance

The listing represents another step in 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 renowned for its strong presence in the Asian market.

Continued Growth

This marks Venom’s third listing in recent weeks, showcasing growing global adoption and increasing interest from centralized exchanges. With these recent listings, Venom is now accessible to an additional 40 million more 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

“Listing on Deepcoin is a strategic advancement in our global expansion efforts,” stated Christopher Louis Tsu, CEO of Venom Foundation. “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.”

Deepcoin’s Statement

“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, users can visit https://venom.foundation

Contact

Venom Foundation
media@venom.network

chainwire

Recent Posts

Crypto Lists Reaches 150 New BTC Casino Reviews

The popular review site CryptoLists.com celebrates their latest achievement today, reaching 150 reviews of newly…

2 hours ago

Ripple CEO Garlinghouse Reacts to SEC Chair Gensler’s Resignation

The cryptocurrency industry has begun celebrating the forthcoming resignation of the U.S. Securities and Exchange…

2 hours ago

Altcoin Season is Here: Can FXGuys Take the Lead Alongside Pepe and Dogecoin?

Altcoin season is upon us, and it’s already clear that 2025 will be a breakout…

4 hours ago

With Dogecoin (DOGE) and Bitcoin (BTC) Going Parabolic, It’s Only a Matter of Time Before This Coin Explodes 20x

As Bitcoin ($BTC) reaches an all-time high of $93,500 and Dogecoin ($DOGE) soars on fresh…

4 hours ago

Paxos CEO Makes Huge Stellar (XLM) Announcement

Charles Casparella, Paxos CEO and co-founder has recently revealed a significant development for the Stellar…

6 hours ago

XRP Days Below Price All-Time High Are Numbered. Here’s why

A prominent macro investor has warned market participants regarding XRP’s bullish momentum, suggesting that the…

6 hours ago