DeFiChain officially announces the listing of its native DFI token on Huobi Global, one of the top crypto exchanges in the world. DeFIChain is a global blockchain on the Bitcoin network and is committed to providing decentralized financial apps and services to all.
In order to support complex DeFi applications, the Bitcoin network had a hard fork to form the DeFiChain, a decentralized Proof-of-Stake blockchain. It is essential to supporting decentralized financial services that are speedy, smart, and transparent. Staking, liquidity mining, decentralized assets, and loans are all available on DeFiChain.
DFI withdrawals will become available on July 26 at 07:00 (UTC), while the new token began trading against USDT on Huobi on July 25 at 6:00 (UTC). DFI buyers on Huobi will be able to move the token to their DeFiChain wallet or any other location they want.
On Kucoin, Bybit (ERC-20 format), Bittrex, Bitrue, Hotbit, and Bitpanda, the DFI token is already tradable. Benjamin Rauch, the marketing director for DeFiChain Accelerator, said that DeFiChain has taken another significant step by being listed on Huobi. They are pleased that DFI is now listed on additional significant exchanges.
Increasingly top-tier exchanges are eager to list DFI because of the range of real world assets that are available on DeFiChain. The general public may now more easily access the field of native decentralized finance on DeFiChain with each new listing.
One of the top crypto exchanges in the world is Huobi, which was established in 2013. The Huobi listing will increase DFI’s visibility among the world’s cryptocurrency users. Huobi offers users the ability to purchase, sell, stake, and borrow a wide variety of cryptocurrencies, creating a comprehensive environment for expert cryptocurrency investors and traders.
The Dubai Virtual Assets Regulatory Authority recently awarded Huobi provisional authority to provide virtual asset exchange products and services to pre-qualified investors and qualified financial service providers.
The DeFiChain ecosystem is accessible to everyone thanks to the DFI token. It serves as the foundation for all operations on the DeFiChain blockchain, including the provision of liquidity across many pools and staking for security and consensus. It also functions as a reward or governance token, and as collateral to issue or borrow the dUSD stablecoin and stock tokens.