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HitBTC Digest – October 2022


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 value and market circumstances. Transaction hyperlink
  • USDD stablecoin is again into Staking. Beginning October 11, you may benefit from the 11% APY on USDD staking with no lock up interval.
  • We’ve 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 numerous 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 accessible as      BEP-20 token.

Laborious forks and airdrops

September had one of the crucial necessary laborious forks in crypto historical past – The Ethereum Merge. October absolutely didn’t have something even carefully comparable however we supported three necessary ones:

  • BNB Good Chain (BSC). The laborious 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 consumer’s holdings of Bridge Oracle (BRG), a BEP-20 token.

New listings on HitBTC:

  • BIDR (BIDR) – stablecoin on BEP-20 good chain pegged to Indonesian Rupiah.
  • Beacon ETH (BETH) – wrapped ETH token on BEP-20 Good Chain.
  • Moonbeam (GLMR) – native token of the Ethereum-compatible good contract parachain on Polkadot. Moonbeam makes it straightforward to make use of in style Ethereum developer instruments to construct or redeploy Solidity tasks in a Substrate-based surroundings.
  • UniLend (UFT) – ERC-20 governance token of the permission-less DeFi protocol that mixes spot buying and selling providers and lending/borrowing performance inside the similar platform. Whereas different DeFi protocols help solely ~30 belongings, anybody can checklist 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 give attention to rewarding merchants, collectors and creators. It prides itself on being based “by NFT folks for NFT folks.” 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 Cell Apps

Please don’t forget which you can commerce on our platform out of your cell system. Begin at this time 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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